What Does COOP Stand For?
COOP stands for Cooperative
COOP, an acronym for "Cooperative," refers to a collective organization formed by individuals who voluntarily collaborate to meet common economic, social, and cultural needs. These entities operate on principles of mutual benefit, democratic governance, and shared ownership, fostering a sense of community and encouraging member participation in decision-making processes. COOPs can be found in various sectors, including agriculture, retail, finance, and housing, aiming to enhance economic efficiency and social equity within their respective fields.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym