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 ?
It will identify the roles of both the cooperative organization and the rural library in the cooperative and outline common services supported by cooperatives and trends in services in the future.
PNGC Power is a Portland-based electric power services cooperative owned by 15 Northwest electric distribution cooperative utilities with service territory in seven western states (Oregon, Washington, Idaho, Montana, Utah, Nevada and Wyoming).
The Agriculture Food Research Initiative (AFRI), funded by the National Institute for Agriculture, will identify and analyze clusters of cooperative activity and create a suite of tools to help cooperative and economic developers identify the most promising opportunities for developing new cooperatives in their communities.
More than 220 cooperatives joined the search for the 2017 Villar SIPAG Awards, of which 21 cooperatives were selected based on their projects' effectiveness, significance, financial viability, sustainability and adaptability.
Agriculture Minister added that the National Cooperative Development Corporations provides assistance to the cooperatives for their overall development, which includes grants and loans from the Government.
However, some state cooperative statutes have evolved over time to allow cooperatives to organize for any purpose.
The 12 electric cooperatives which will corner chunk of the subsidy are Leyte V Electric Cooperative Inc.
Over the past 33 years, he has helped thousands of cooperatives obtain financing to succeed in business.
These traditional cooperatives are considered a high-profile partnership in human community as well as in Iranian society, though it is called differently among different cultures.
Expert panel member, John Dunn who is Vice President for Cooperative Development with the National Cooperative Business Association (NCBA) sees greater interest in creating cooperatives during times of economic stress.
However, one normal method for cooperatives to raise capital is a "base capital plan" In such an arrangement, members keep their capital accounts in line with their patronage.
Moreover, early childhood educators and mothers in the cooperatives insisted that their curricula promoted individuality and creativity within group relations.

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