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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Dictionary Entries near Rochdale principles

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Rochambeau

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roche

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Rochefort

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