Cooperative Vocab

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Across
  1. 3. Cooperative Cooperatives structured for members to gain access to affordable, quality goods
  2. 5. The financial support or business provided to a store, hotel, or the like, by customers, clients, or paying guest
  3. 7. Pertaining to or characterized by the principle of political or social equality for all
  4. 8. An individual, group, or organization that own one or more shares in a company
  5. 11. Proprietorship Simplest, oldest, and most common form of business ownership in which only one individual acquires all the benefits and risks of running an enterprise
  6. 13. Money invested in a business to generate income
  7. 15. A form of business organization in which the owners have shares in a separate legal entity that itself can own assets & borrow money
  8. 16. Surplus remaining after total costs are deducted from total revenue
  9. 17. A person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit- seeking enterprise or concern
  10. 18. Probability of threat of damage, injury, liability, loss, or any other negative occurrence
  11. 19. Cooperative Cooperative structured to maximize the return members receive for goods they produce
Down
  1. 1. Difference between the cost price and selling price of a product
  2. 2. A unit of ownership that represents an equal proportion of a company’s capital
  3. 3. Refund A portion of the cooperative profits returned to members based on patronage
  4. 4. Liability Company A form of business organization similar to a partnership but offering its owners the advantage or limited financial liability
  5. 5. An association of two or more persons as co-owners of a profit making business
  6. 6. Risk The probability that an actual return on an investment will be lower than the expected return
  7. 9. A form of business organization in which profits are distributed as patronage refunds and all members have a single vote
  8. 10. A person who is a customer, client, or paying guest, especially a regular one, of a store, hotel, etc
  9. 11. Cooperative Cooperatives structured to provide services, such as agronomic, financial, and utility services to its members
  10. 12. A public service, as a telephone, electric system, transportation, etc
  11. 14. Items purchased to carry on a farm’s operation. Such items include fertilizers, pesticides, seed, fuel, and animal feed