Co-op
Business & Finance abbreviation · Company Type
| Stands for | Cooperative |
|---|---|
| Categories | Business & Finance |
Co-op stands for Cooperative, a company type abbreviation also used in texting.
Business owned and democratically controlled by its members, who may be its customers, workers or producers, typically on a one-member, one-vote basis, with surplus returned to members. Cooperatives exist in retail, agriculture, banking (credit unions), housing and utilities.
Example: Our farm sells its milk through a dairy co-op that pays members based on volume.
Usage notes
The International Cooperative Alliance's seven principles, rooted in the 1844 Rochdale Pioneers, guide cooperatives worldwide. Well-known examples include the UK's Co-operative Group, Spain's Mondragon Corporation and the US agricultural co-op Land O'Lakes. Written co-op or coop; British English often writes co-operative.
Related abbreviations
More company type abbreviations
- bros. – Brothers
- BV – Besloten vennootschap (private limited company)
- C corp – C corporation
- CIC – Community interest company
- Cie – Compagnie (company)
- CIO – Charitable incorporated organisation
- Co. – Company
- Co., Ltd. – Company limited
- Corp. – Corporation
- d.o.o. – Društvo s ograničenom odgovornošću (limited liability company)
- DBA – Doing business as
- e.V. – Eingetragener Verein (registered association)