Definitions of "cooperative"
  1. Involving mutual assistance in fulfilling common goals, and organized in a way that all members actively participate and benefit
  2. An institution or business that is owned and managed by the people who use its products or services, generally aimed at providing banking facilities, credit services, or residential property ownership
How to use "cooperative" in a sentence
  1. The residents formed a cooperative to manage the amenities in their housing complex.
  2. It's cheaper to get a loan from a cooperative than a traditional bank due to lower interest rates.
  3. In a cooperative, all members contribute to decision-making regarding the business's operation and direction.

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