cooperative

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Related to Co-operatives: Agricultural cooperatives

cooperative

noun Vox populi An organization whose members share purchasing clout, resources or other materials. See Health insurance purchasing.
References in periodicals archive ?
I am incredibly proud of all the schools and young people who have embraced Young Co-operatives with such enthusiasm.
Housing co-operatives, like their building society big brothers, may also have an increased role to play in future provision of quality affordable housing to rent and enabling low income people to get on the home ownership ladder at less risk.
Many of the co-operatives and communes examined failed to survive beyond a generation.
This program, whose objective is to stimulate the creation and expansion of co-operative enterprises, has supported the creation of more than 300 new community-based co-operatives since its inception in 2003.
The Commission's full remit is to: Consider the evidence for supporting the co-operative and mutual sector in Wales; Consider existing business advice for the mutual sector and provide suggestions on how this might be strengthened; Identify specific areas that might be targeted for additional support by the Welsh Government; Consider best practice and evaluations that may be available; Set out a vision for co-operative and mutual economy in Wales.
These three pilot schemes have the potential to provide around 89 co-operative homes and I am pleased to say further schemes which have the potential to deliver over 400 homes across Wales are in the pipeline.
The award, which is run by Cooperatives UK and was presented to the society at an award ceremony on Friday, recognises co-operative business excellence and rewards innovation in the industry.
And latest figures show that, whereas only 41% of all businesses in the UK survive their first five years, 80% of co-operatives are still going strong in this period.
The Centre also looks forward to working with the Finance Minister to establish a pilot project to demonstrate how public procurement can help grow new co-operatives and mutuals in Wales," he added.
THE Co-operative Group is stepping up its backing of member-owned enterprises by supporting a new co-operative business every day in 2011.
Ed Mayo, Secretary General of Co-operatives UK, said: "There are thirty childcare co-operatives already up and running and the opportunity for far more, if a new government acted to encourage a mutual approach.