community owned

Shared by residents

Community owned describes property, resources, or organizations held collectively by a group rather than by private individuals or government.

A community-owned grocery store belongs to local residents who share decision-making and profits.

The term appears in discussions of alternative economic models: The solar farm is community owned, community-owned broadband networks.

Sometimes hyphenated when used as a compound adjective before a noun.

municipal

public utility

Regulated essential services provider

public library · ratepayer · civic · public trust · infrastructure · commons · public works · nationalized

nonprofit

501(c)(3)

Nonprofit tax classification

volunteer · donation · grant · endowment · fundraising · public benefit · noncommercial · pro bono · humanitarian · foundation

cooperative

co-op

Member-owned organization

shareholder · democratic · housing cooperative · food co-op · REI · land trust · bylaws · equity · cooperative bank

grassroots

local

Of this area

stakeholder · land bank · DIY · town hall · civic engagement · mutual aid

Opposites
ownership structure

community ownedprivately held

Not publicly traded

sole proprietorship · privatized · for-profit · proprietary · monopolized

Family

community, owned, commune, communal, communally, communes, communing, communion, communism

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Positive · Everyday, not technical · Rated G