cooperative

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Related to co-op: Co-op job

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 ?
Work with your co-op boards to find new ways to achieve cross-sector collaborations, reaching out to other types of cooperatives to achieve common goals;
Co-ops also exist in a variety of industries, including food, housing, healthcare, credit, farming, utilities, telecommunications, and transportation.
According to the National Association of Realtors, sales of existing condos and co-ops in 2004 reached a record 820,000 traits, representing 12.
22) These competing pressures found expression in institutions like co-op nursery schools, which focused on improved child rearing while requiring mothers to administer the institution and take responsibility for children and mothers beyond their biological kin.
5 million first mortgage and a $500,000 line of credit for a 134-unit co-op located at 310/312 East 23rd Street in Manhattan.
CEI customers in Cuyahoga County can inquire about the CO-OP program by calling the company's CO-OP Information Line at 216-861-9055.
This lets companies finally integrate traditional branding with co-op advertising spending, whether it's for themselves or the competition.
Co-ops can be a key part of building a resilient local economy and can be trusted to benefit people in difficult times," says Paul Hazen, president of the National Cooperative Business Association, which spearheads the annual observation of Co-op Month.
75 million first mortgage and a $500,000 million line of credit for a 245-unit co-op located at 522 Shore Road in Long Beach, NY.
2, /CNW/ - Co-op ethanol-blended gasolines are now approved by the Environmental Choice (M) Program (ECP) to carry the EcoLogo designating them as an Environmental Choice (the EcoLogo and Environmental Choice are official marks of Environment Canada).
LOS ANGELES -- The Grove has scored a major win for Los Angeles "fashionistas" with the addition of BARNEYS NEW YORK CO-OP to its ever-evolving array of stylish, up-to-the-minute shops and boutiques.
Regardless of whether co-ops ultimately have a major role to play in the healthcare plan Congress adopts, the increased attention to this infinitely flexible business model is welcome by those of us who promote the creation and expansion cooperatives--especially as we celebrate Co-op Month in October.