credit co-operative

credit co-operative
credit co-operative credit co-operative co-operative

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credit co-operative UK US (also credit cooperative) noun [C] (also savings and credit co-operative)
FINANCE a financial organization owned and controlled by its members, who can borrow at low interest rates from an amount of money they have saved as a group: »

Credit co-operatives provide financial services to poor and low-income people in many countries.


Financial and business terms. 2012.

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