Rochdale principles

plural noun
Roch·​dale principles | \ ˈrächˌdāl- \

Definition of Rochdale principles

: a system of cooperative marketing in which no credit is given and all profits are distributed among the customers

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History and Etymology for Rochdale principles

from Rochdale, city in northwest England where such cooperative marketing was begun in 1844

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Cite this Entry

“Rochdale principles.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Rochdale%20principles. Accessed 21 Oct. 2021.

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