A building owned by a corporation,
where residents are shareholders in the
corporation; each shareholder receives a
proprietary lease on an individual unit and the
right to use the common areas. Also called: Co-op
or Stock Cooperative. Compare: Condominium.

Merriam-Webster Online Dictionary
cooperative (adjective)
a) marked by - cooperation cooperative efforts
b) marked by a willingness and ability to work with others - cooperative neighbors
of, relating to, or organized as a cooperative - a cooperative store
relating to or comprising a program of combined liberal arts and technical studies at different schools
cooperative (noun)
an enterprise or organization owned by and operated for the benefit of those using its services
Merriam-Webster Online Thesaurus
cooperative (adjective)
used or done by a number of people as a group
collaborative, combined, common, communal, concerted, conjoint, conjunct, cooperative, joint, multiple, mutual, pooled, public, shared, united
bilateral, consensual, reciprocal, symbiotic, synergic, synergistic, two-way; mass, popular; general, generic, universal
personal, private; independent, separate, several; esoteric, particular, special, specialized
exclusive, individual, one-man, one-sided, one-way, single, sole, solitary, unilateral
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