Cooperative

(redirected from Co-operative enterprises)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to Co-operative enterprises: Cooperative society, CO OP

Cooperative

An organization owned by its members. Examples are agriculture cooperatives that assist farmers in selling their products more efficiently and apartment buildings owned by the residents who have full control of the property.

Cooperative

Any organization owned by its members. A cooperative may be a business owned by its employees and/or customers, a residential complex owned by the people who live in it, or even a bank owned by its depositors. Certain legal requirements are incumbent upon cooperatives; for example, there is often a cap on how much of their profits may be distributed. See also: Cooperative economics.

Cooperative (co-op).

A co-op is a corporation that owns a particular residential property. The shareholders are the tenants who, instead of owning an individual unit, own shares in the corporation, which gives them the right to live in that unit.

cooperative

see WORKERS' COOPERATIVE, RETAIL COOPERATIVE.

cooperative

a form of business FIRM that is owned and run by a group of individuals for their mutual benefit. Examples of cooperatives include:
  1. worker or producer cooperatives: businesses that are owned and managed by their employees, who share in the net profit of the business.
  2. wholesale cooperatives: businesses whose membership comprises a multitude of small independent retailers. The prime objective of such a group is to use its combined BULK-BUYING power to obtain discounts and concessions from manufacturers, similar to those achieved by larger SUPERMARKET chains.
  3. retail cooperatives: businesses that are run in the interest of customers, who hold membership rights entitling them to receive an annual dividend or refund in proportion to their spending at the cooperative's shops.

See WHOLESALER, RETAILER, DISTRIBUTION CHANNEL.

References in periodicals archive ?
The supporters' trust for Aldershot Town fans, known as Shots Trust, launched the share offer with support from the Co-operative Enterprise Hub, to raise around PS500,000.
9% rise in the number of co-operative enterprises from 5,450 in 2010 to 5,933 in 2011 and a 5.
Indeed, with the United Nations estimating that the livelihood of half of the world's population is dependent, in some way, on co-operative enterprises, this august institution has deemed 2012 as the International Year of Co-operatives.
Co-operative enterprises have proved their worth over the recent credit crunch.
By improving the support available and through the creation and growth of sustainable co-operative enterprises, we will energise and build a thriving cooperative sector.
through campaigning for co-operative enterprises, green issues and the creation of Fairtrade towns.
On November 1, leaders of some of the world's largest co-operatives meet at the ICA Leadership Forum in New York to identify the conditions needed to incite dramatic growth and make co-operative enterprise the fastest-growing business model by the end of the decade.

Full browser ?