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cooperative 1 adj: of, relating to, or organized as a cooperativeco·op·er·a·tive 2 n: an enterprise or organization (as for banking and credit services or the ownership of residential property) that is owned by and operated for the benefit of those using its services – called also co-op; compare condominium 1
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- cooperative
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I
noun
alliance, association, collective, communal business establishment, communal society, commune, concurrent effort, federation, guild, joint action, joint operation, joint possession, partnership, teamwork, union
II
index
ancillary (auxiliary), associated, beneficial, benevolent, coadunate, common (shared), concerted, concurrent (united), consensual, constructive (creative), favorable (expressing approval), harmonious, joint, mutual (collective), synergetic
Burton's Legal Thesaurus. William C. Burton. 2006
- cooperative
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n.A business owned and run by its members for the purpose of mutual help, in which profits and costs are shared.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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An association of individuals, businesses, farmers, ranchers, or manufacturers who cooperate in marketing, shipping, and related activities (sometimes under a single brand name) to sell their products efficiently, and then share the profits based on the production, capital, or effort of each. Cooperatives are democratically owned and operated.Category: Business, LLCs & Corporations
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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n.1 An organization or business enterprise, organized as either an association (cooperative association) or corporation (cooperative corporation), owned by those who use its services. All profits are shared amongst the cooperative's members in proportion to the money or labor each member contributed.2 A dwelling owned by a cooperative whose members lease their apartments or living quarters from the cooperative.See also condominium.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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An association or corporation established for the purpose of providing services on a nonprofit basis to its shareholders or members who own and control it.
Dictionary from West's Encyclopedia of American Law. 2005.
- cooperative
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An association or corporation established for the purpose of providing services on a nonprofit basis to its shareholders or members who own and control it.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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n.an association of individual businesses, farmers, ranchers or manufacturers with similar interests, intending to cooperate in marketing, shipping and related activities (sometimes under a single brand name) to sell their products efficiently, and then share the profits based on the production, capital or effort of each. "Sunkist" oranges is an example of a large cooperative. Cooperatives include dairy milk producers, cotton gins and thousands of other enterprises of all sizes. There are also cooperatives in which consumers form retail outlets like grocery stores and share the profits based on the amount of patronage of each member, but they have found it difficult to compete with the giant supermarket chains. Some cooperatives exist to operate housing complexes.See also: cooperative housing
Law dictionary. EdwART. 2013.