member-owned
Shareholders are participants
Member-owned describes an organization controlled by the people who use its services rather than outside investors or shareholders.
Credit unions, food cooperatives, and mutual insurance companies are typically member-owned: As a member-owned cooperative, profits go back to the members.
Members usually have voting rights regardless of how much they've invested.
Jointly operated enterprise
- co-opMember-owned organization
- credit unionMember-owned financial cooperative
- mutualShared between parties
- collectiveJointly organized group
shareholder · democratic · grassroots · community-based · stakeholder · equity · bylaws · self-governed
Member-owned financial cooperative
- building societyMember-owned mortgage institution
- mutual insuranceProtection owned by participants
- policyholderOwner of insurance contract
- dividendCorporate profit share
retained earnings · mutual benefit · nonprofit · reinvestment · profit-sharing · mutual fund
Entitlement to elect officials
- annual meetingRecurring yearly organizational assembly
- board electionVote for governing body
- bylawsOrganization's internal regulations
- democratic controlCollective citizen authority over governance
proxy vote · quorum · general assembly · transparency · accountability · participation · representation · committee
cooperative
Jointly operated enterprise
- co-opMember-owned organization
- credit unionMember-owned financial cooperative
- mutualShared between parties
collective · shareholder · democratic · grassroots · community-based · stakeholder · equity · bylaws · self-governed · nonprofit
credit union
Member-owned financial cooperative
- building societyMember-owned mortgage institution
- mutual insuranceProtection owned by participants
- policyholderOwner of insurance contract
dividend · retained earnings · mutual benefit · nonprofit · reinvestment · profit-sharing · mutual fund
voting rights
Entitlement to elect officials
- annual meetingRecurring yearly organizational assembly
- board electionVote for governing body
- bylawsOrganization's internal regulations
democratic control · proxy vote · quorum · general assembly · transparency · accountability · participation · representation · committee · charter
- bankingbank, banks, ATM, ATMs, account
- cooperativesco-op, credit union, worker co-op, housing co-op, co-ops
- fire insurancefire risk, fire damage, fire protection, fire inspections, fire hazards
member-ownedinvestor-owned
Belonging to shareholders
family-owned · state-owned · government-owned · for-profit · capitalist