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