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purchasing cooperative

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
purchasing cooperative,
n a group of dental professionals pooling their financial resources to purchase large quantities of supplies and equipment for the purpose of obtaining a discount.


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Auburn is one of about two dozen school systems in Central Massachusetts that uses the Oxford-based French River Education Center purchasing cooperative to buy oil to heat its buildings.
Vance Publishing (Lincolnshire, IL) has joined the Integrated Media Cooperative (IMC; Chicago, IL), a purchasing cooperative for small and medium size publishers, becoming the group's 11th member.
Nevertheless, in most systems, the purchasing cooperative must still purchase only those products of services approved by the franchisor.
 
 
 
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