Definition of cooperative noun from the Oxford Advanced Learner's Dictionary

  

cooperative

 noun
(British English also co-operative)noun
BrE BrE//kəʊˈɒpərətɪv//
 
; NAmE NAmE//koʊˈɑːpərətɪv//
 
Running a business
 
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a cooperative business or other organization agricultural cooperatives in India The factory is now a workers' cooperative. See related entries: Running a business Word Origin early 17th cent.: from late Latin cooperativus, from Latin cooperat- ‘worked together’, from the verb cooperari, from co- ‘together’ + operari ‘to work’.Extra examples The family business is now run as a cooperative. The ‘Daily Worker’ was run as a cooperative. a/​an local/​community/​farming/​agricultural/​food/​dairy cooperative
See the Oxford Advanced American Dictionary entry: cooperative