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Cooperative
(redirected from Co-operatives)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
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.



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Co-operatives provide over 100 million jobs around the world, 20% more than multinational enterprises.
The Co-operative Group merged in July 2007 with United Co-operatives to create the world's largest co-operative with 3.
[ILLUSTRATION OMITTED] Although Saskatchewan now has 1,200 co-operatives operating in virtually every economic and social sector including agricultural marketing and processing, community development, financial services, retail services, childcare, health care and recreation, it is likely the co-operative retail system that will first come to mind for many when they think of the Co-op.
 
 
 
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