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cooperative |
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cooperativeBusiness organization with limited liability where each shareholder has only one vote however many shares they own. In a worker cooperative, it is the workers who are the shareholders and own the company. The workers decide on how the company is to be run. In a consumer cooperative, consumers control the company. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| There were mixed results for cooperatives as median prices per room for cooperatives set a record for studio/one-bedrooms jumping 24% to $173,000 per room, while overall median prices for cooperatives dipped 2% to $650,000. The Service looked to the underlying structure of the business arrangement, rather than focusing on mechanical details, suggesting that it may be prepared to approach issues relating to the treatment of cooperatives flexibly in the future. These cooperatives are autonomous, business-owned, and democratically controlled by their members--the people who buy or use their services. |
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