cooperative

Definition

  • n. a jointly owned commercial enterprise (usually organized by farmers or consumers) that produces and distributes goods and services and is run for the benefit of its owners
  • n. an association formed and operated for the benefit of those using it
  • adj. done with or working with others for a common purpose or benefit

Word forms

Plural
cooperatives

Example sentences

  1. a.

    The cooperative business allows members to share profits and make decisions together.