cooperative

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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 ?
Since the threat of a tube strike started last week we have worked very co-operatively with all those parties involved," Watmore added.
Our 2008 mission is to facilitate the growth and change reflecting the increasing economic, political and social leadership of diverse women, working co-operatively to leverage their aspirations, capabilities and opportunities.
The project will give different age groups of children the chance to work co-operatively.
This new legislation is intended to provide opportunities for inspectors from 13 enforcement ministries to work more co-operatively, share compliance-related information between ministries, or provide a "heads-up" to share observations that may be relevant to another ministry, says Ministry of Labour (MOL) spokesperson Bruce Skeaff.
Introducing the reader to and intricate undersea life form, Eastern Pacific Nudibranchs covers in thorough detail the individualistic attributes of the many little creatures and species of Nudibranchs the authors have co-operatively discovered and extensively studied.
They work co-operatively for common goals, and these factors provide the context in which more intergroup marriages are likely to occur.
I think that we're trying to work co-operatively to assist all Canadian producers to have better relationships with those from other countries.
3) Community engagement in this context includes community service and other activities through which the University engages co-operatively with a wide range of professional and other communities in the provision of undergraduate courses, professional development programs, research, consultancies and other academic services.
The NVO and CCP Boards agreed unanimously to work closely together and co-operatively to create a Memorandum of Understanding which is to be executed by June 30, 2004.
Partners must demonstrate continuing support for ongoing interoperability based on open standards, and commit to working co-operatively to resolve any customer interoperability issues.
The Roman Catholic Church, while not a member church, works co-operatively with the WCC.
Zed, based in London, is managed co-operatively by its worker directors and has no external shareholders.