There are many co-operatives in existence around the world, and you may have heard of the co-op in general. In the UK at least there is the co-op bank which you may or may not have come across of (certainly if you bank with the co-op then you will have done!)

So what is a cooperative? Well it just refers to a model where ownership falls into the hands of multiple people or entititues, and ownership is by a business trust or a nonprofit company.

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