Membership organization - Hutchinson encyclopedia article about Membership organization Printer Friendly
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cooperative
(redirected from Membership organization)

    Also found in: 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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