co-operative


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Related to co-operative: Co-operative housing

co-operative

noun An organisation whose members share purchasing clout, resources or other materials.
References in periodicals archive ?
The time is now, for credit unions of Botswana to pool their excess liquidity into the formation of a strong co-operative bank.
Wooldale Co-operative Society has a long history in the Holme Valley stretching back over 130 years and 40 staffs across its three food stores have been transferred to Central England Co-operative.
He added that everybody in the co-operative field should fulfill their responsibility to make the vision of the co-operative movement for 2020 successful.
The last five years have been tough for the economy as a whole, yet we have seen strong performance from the co-operative sector.
The Chief Commissioner appreciated the efforts of Registrar Co-operative Societies for making the department more effective and transparent.
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.
Excluding co-operative businesses based elsewhere in the UK but trading in Wales, like The Co-operative Group and the John Lewis Partnership, the largest co-operatives in Wales are primarily based in agriculture and farming, with Clynderwen and Cardiganshire Farmers the biggest independent co-operative in Wales.
Co-operatives worldwide operate according to seven core principles and values adopted by the International Co-operative Alliance in 1995: Voluntary and open membership; democratic member control; members' economic participation; autonomy and independence; education, training, and information; cooperation among cooperatives; and concern for community.
I will also be providing funding to the Wales Co-operative Centre to lead on the development of specialist business support for the sector, which will include support for growth and the development of specific sectors with growth potential, succession planning, and collaborative and consortia work specifically around procurement.
Awards are allocated by local Co-operative members' committees, based on a set of values and principles such as social responsibility and caring for others.
The Grange, organized by famers in 1867, for example, established co-operative stores, which sold farming equipment and consumer items, co-operative grain elevators, and even co-operative banks to help minimize production, finance, and distribution costs.
Key words: Agricultural co-operatives, co-operative member, leadership, members' motivation, knowledge and skills, the role of state, Serbia.

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