cooperative

  

Definition

Firm owned, controlled, and operated by a group of users for their own benefit. Each member contributes equity capital, and shares in the control of the firm on the basis of one-member, one-vote principle (and not in proportion to his or her equity contribution).

Use cooperative in a sentence

Related Videos




http://www.businessdictionary.com/definition/cooperative.html

Have a question about cooperative? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z