Producer Cooperative
/ˈproʊˌdusər koʊˈɑːpərətɪv/
Definitions
- (n.) A legally organized cooperative owned and operated by its producers who pool resources to market products or services collectively.
The producer cooperative enabled local farmers to negotiate better prices for their crops.
Forms
- producer cooperative
- producer cooperatives
Related terms
See also
Commentary
Producer cooperatives typically emphasize democratic control by contributing producers and shared benefits based on production volume, distinct from consumer cooperatives.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.