cooperative

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Related to Co-operative enterprises: Cooperative society, CO OP

cooperative

, co-operative
1. 
a. (of an enterprise, farm, etc.) owned collectively and managed for joint economic benefit
b. (of an economy or economic activity) based on collective ownership and cooperative use of the means of production and distribution
2. a cooperative organization
3. US a block of flats belonging to a corporation in which shares are owned in proportion to the relative value of the flat occupied

cooperative

A form of real estate ownership of a multi-unit housing structure by a non-profit corporation which leases portions of the property to its stockholders. The stockholders are part owners of the corporation; they do not own their own apartments. Periodic payments, usually monthly, by stockholders are used to meet costs of ownership, such as mortgage payments, property maintenance, taxes, and repairs. Such shareholding by the tenant allows him to occupy a dwelling unit while not possessing direct title to it.
References in periodicals archive ?
There are 132,000 co-operative enterprises in the European Union, with 100 million members and 2.
The sale of ACC to DFB is a marriage of two successful co-operative enterprises which creates a major new force in this competitive market sector and can only be good for members, employees, customers and consumers alike.
This may be a departure from original principles at Mondragon but the payment of market-competitive salaries to managers in co-operative enterprises of various kinds anywhere in the world is commonplace.
Co-operative enterprises must demonstrate their ability to compete in the market place, by delivering products and services as well as the public company sector.
During those years, that community organized its common life in inter-racial extended family households, shared a poverty level budget, struggled to open the local Episcopal church liturgy to a charismatic spirituality and then to an African American sensibility, initiated co-operative enterprises facilitating low-income "takeovers" of their own rental units, and worked extensively with energetic younger people and hungry older people to develop relevant programs for their needs.
It also makes a number of recommendations on how the Welsh Government can encourage innovation among co-operative enterprises and how the co-operative and mutual movement can increase its voice, influence and capacity.
The overall objective of the project is therefore to adapt and develop existing management training systems to the needs of co-operative enterprises run by women.

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