- nouncooperatives (plural noun)
- a farm, business, or other organization which is owned and run jointly by its members, who share the profits or benefits:"we run the agency as a workers' cooperative"
Originearly 17th century: from late Latin cooperativus, from Latin cooperat- ‘worked together’, from the verb cooperari (see cooperate).
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- A cooperative is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise"1. It is a jointly owned enterprise that engages in the production or distribution of goods or the supplying of services, operated by its members for their mutual benefit2. Cooperatives are typically organized by consumers or farmers2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise ".en.wikipedia.org/wiki/Cooperativea jointly owned enterprise engaging in the production or distribution of goods or the supplying of services, operated by its members for their mutual benefit, typically organized by consumers or farmers.www.dictionary.com/browse/cooperative
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