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cooperative |
Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia | 0.04 sec. |
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. |
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| And as fast as capitalistic governments crashed, cooperative commonwealths arose in their place. Fyodor came from a village at some distance from the one in which Levin had once allotted land to his cooperative association. The ordinary newspaper in a small town cannot afford such a service, but recently the United Press has originated a cooperative method. |
cooperative
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