- 1. n. a jointly owned commercial enterprise (usually organized by farmers or consumers) that produces and distributes goods and services and is run for the benefit of its owners n. an association formed and operated for the benefit of those using it Source: ecdict
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cooperatives
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benefitassociationcommercialconsumersdistributesenterprisefarmersformedgoodsjointlyoperatedorganizedownedownersproducesrunservices
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