consumer cooperative - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “consumer cooperative”

consumer cooperative

noun [C] ( UK also consumer co-operative)
 
 
( also consumers' cooperative, retail cooperative)
a business that is owned by a group of its customers, who share any profits that it makes: The Swedish Cooperative Centre supports the development of a consumer cooperative movement in parts of Indonesia.
(Definition of consumer cooperative from the Cambridge Business English Dictionary © Cambridge University Press)
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