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 ?
Generally, people playing cooperatively seemed to really focus on and value those relationships that are going on when they are playing," Velez said.
In Stage 1, learning occurs in a group cooperatively, gathering and sharing information and fostering a learning community.
cooperatively developing a curriculum that could be used at any institution for multiple purposes;
ExxonMobil will continue to work cooperatively with the police in their investigation.
One of VAMAS's primary missions, Steiner says, is to cooperatively develop within these nations the internationally reproducible tests and data that will ultimately be used to establish a new material's properties.
Ocean Power Technologies, Inc ("OPT", or the "Company") (LSE:OPT) and Pacific Northwest Generating Cooperative ("PNGC Power") are pleased to announce that they have signed an agreement to work cooperatively on the Company's development of the Reedsport OPT Wave Park located in Douglas County near Reedsport, Oregon.
Under Meyers' leadership, Houlihan/Lawrence has worked cooperatively with WRO to train its agents in both the letter and spirit of anti-discrimination laws.
IBM and Hitachi will cooperatively develop and manufacture selected servers, semiconductors and related components.
Credit unions, which have some 77 million members nationwide, often are able to offer lower rates on loans and higher interest on savings than banks because they are cooperatively owned and don't have to pay dividends to shareholders.
BEZ solutions work cooperatively with companies' existing performance tools to allow enterprises to accurately predict the impact of expected changes, evaluate alternatives, and justify solutions ensuring delivery of consistently acceptable data service levels.
NCB provides financial products and services to cooperatively structured enterprises throughout the United States.
The project will be the second that the city and Newhall Land have worked on cooperatively.

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