cooperative
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1co·op·er·a·tive

adjective \kō-ˈä-p(ə-)rə-tiv, -ˈä-pə-ˌrā-\

Definition of COOPERATIVE

1
a : marked by cooperation <cooperative efforts>
b : marked by a willingness and ability to work with others <cooperative neighbors>
2
: of, relating to, or organized as a cooperative <a cooperative store>
3
: relating to or comprising a program of combined liberal arts and technical studies at different schools
co·op·er·a·tive·ly adverb
co·op·er·a·tive·ness noun

Examples of COOPERATIVE

  1. The witness was very cooperative.
  2. <a cooperative space project undertaken by Russia and the U.S.>

First Known Use of COOPERATIVE

1603

2cooperative

noun

Definition of COOPERATIVE

: an enterprise or organization owned by and operated for the benefit of those using its services

First Known Use of COOPERATIVE

1883

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

cooperative

noun    (Concise Encyclopedia)

Organization owned by and operated for the benefit of those using its services. Cooperatives have been successful in such fields as the processing and marketing of farm products and the purchasing of other kinds of equipment and raw materials, and in the wholesaling, retailing, electric power, credit and banking, and housing industries. The modern consumer cooperative traces its roots to Britain's Rochdale Society of Equitable Pioneers (1844); the movement spread quickly in northern Europe. In the U.S., agricultural marketing cooperatives developed in rural areas in the 19th century; other contemporary examples include consumer and housing cooperatives. See also credit union.

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