Co-operative society - Hutchinson encyclopedia article about Co-operative society Printer Friendly
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cooperative
(redirected from Co-operative society)

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

cooperative

Business organization with limited liability where each shareholder has only one vote however many shares they own. In a worker cooperative, the workers are the shareholders, own the company, and decide how it is run. In a consumer cooperative, consumers control the company.



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Jill Martin, manager of finance with the Primate's World Relief and Development Fund, was recently elected president of the board of directors of Oikocredit, a worldwide co-operative society.
RESCO - Rural Electric Supply Co-Operative Society Ltd (India)
is a worldwide distributor and a marketer of the green bean coffee grown in Papua New Guinea and "Penlyne Castle" brand "Jamaican Blue Mountain" coffee grown by Blue Mountain Coffee Co-Operative Society Ltd ("BMCC") of Jamaica.
 
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