1. A commercial enterprise run for the benefit of its owners; SYN. co-op.
2. An association formed and operated for the benefit of those using it.
Business organization with limited liability where each stockholder has only one vote however many shares they own. In a worker cooperative, it is the workers who are the stockholders and own the company. The workers decide on how the company is to be run. In a consumer cooperative, consumers control the company. Co-op shops and superstores are examples of consumer cooperatives. They are owned by regional cooperative retail groups.
Zadruga, dobrovoljno udruženje privredno slabih građana koji žele, udruženim sredstvima i radom, da obavljaju određene privredne polsove u korist svojih članova (zadrugara). (lat.)