cooperative
noun [ C ]
WORKPLACE, ECONOMICS ( UK also co-operative) uk/kəʊˈɒpərətɪv/ us(also co-op); ( UK also co-operative society)an organization or company that is owned and controlled by a group of members who each have a share in it, for example its employees or customers:
a farmers' cooperative
See also
agricultural cooperative
consumer cooperative
credit co-operative
housing co-operative
industrial co-operative
marketing cooperative
retail cooperative
savings and credit co-operative
wholesale cooperative
cooperative
adjective [ before noun ]
WORKPLACE, ECONOMICS ( UK also co-operative) uk/kəʊˈɒpərətɪv/ usa cooperative organization or company is owned and controlled by a group of members who each have a share in it, for example its employees or customers:
cooperative businesses/ventures