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Tags: partnerships
Categories: Economics & Finance
Firm owned, controlled, and operated by a group of users for their own benefit. Each member contributes equity capital, and shares in the control of the firm on the basis of one-member, one-vote principle (and not in proportion to his or her equity contribution).
(Read more: http://www.businessdictionary.com/definition/cooperative.html#ixzz2IM8QyBNu)
