consumer cooperative

consumer cooperative
consumer cooperative UK US (UK also consumer co-operative) noun [C] (also consumers' cooperative, retail cooperative)
a business that is owned by a group of its customers, who share any profits that it makes: »

The Swedish Cooperative Centre supports the development of a consumer cooperative movement in parts of Indonesia.

Financial and business terms. 2012.

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  • Consumer cooperative — Consumer cooperatives are enterprises owned by consumers and managed democratically which aim at fulfilling the needs and aspirations of their members.[1] They operate within the market system, independently of the state, as a form of mutual aid …   Wikipedia

  • consumer cooperative — consumers cooperative or consumer cooperative Consumer cooperatives, U.S. a type of rural or suburban cooperative that purchases goods and services mainly for the use of its members: »Consumers cooperatives market such products as groceries, oil …   Useful english dictionary

  • consumer cooperative — A cooperative association of consumers of merchandise, dry goods, shoes, clothing, groceries and food products, for the purpose of obtaining such goods and articles at a reasonable price and of good quality, the function usually being carried out …   Ballentine's law dictionary

  • consumer cooperative — group of consumers which have joined together to work on common causes …   English contemporary dictionary

  • consumer cooperative — /kənˌsju:mə kəυ ɒp(ə)rətɪv/ noun a retailing business owned by consumers who share in its profits …   Marketing dictionary in english

  • Cooperative — This article is about the business organization. For other uses, see Coop (disambiguation). A cooperative (also co operative or co op) is a business organization owned and operated by a group of individuals for their mutual benefit.[1] A… …   Wikipedia

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  • Consumer Federation of America — The Consumer Federation of America (CFA) is a non profit organization founded in 1968 to advance consumer interests through research, education and advocacy. According to CFA s website, its members are approximately 300 consumer oriented non… …   Wikipedia

  • cooperative — An organization owned by its members. Examples are agriculture cooperatives that assist farmers in selling their products more efficiently and apartment buildings owned by the residents who have full control of the property. Bloomberg Financial… …   Financial and business terms

  • Cooperative banking — A statue of cooperative pioneer Robert Owen stands in front of the Manchester head office of the UK s Co operative Bank Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take… …   Wikipedia

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