Meaning of “consumer cooperative” in the English Dictionary

business-english dictionary

"consumer cooperative" in Business English

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consumer cooperativenoun [ C ]

UK also consumer co-operative uk us 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)