An association of people or companies that pursue an economic goal together and support one another in the process. The members are both owners and customers.
example
Viele Landwirte sind in einer Molkerei-Genossenschaft organisiert, um ihre Milch gemeinsam zu vermarkten.
Many farmers are organized in a dairy cooperative in order to market their milk together.
Usage tips
Word composition
The word is made up of 'Genosse' (partner, comrade) and the suffix '-schaft', which denotes a community. A 'Genossenschaft' (cooperative) is therefore literally a 'community of partners.'
EXAMPLE
Die Mitglieder der Genossenschaft teilen sich die Gewinne und Verluste.
The members of the cooperative share the profits and losses.
Typical collocations
Common verbs are 'eine Genossenschaft gründen' (to found a cooperative) or 'einer Genossenschaft beitreten' (to join a cooperative). The word is often combined with a purpose, e.g. 'Baugenossenschaft' (housing cooperative) or 'Winzergenossenschaft' (winegrowers' cooperative).
EXAMPLE
Sie haben eine Baugenossenschaft gegründet, um günstigen Wohnraum zu schaffen.
They founded a housing cooperative in order to create affordable housing.
Sentence structure and use
To express membership, you typically use the preposition 'in' or the phrase 'Mitglied einer Genossenschaft sein' (to be a member of a cooperative).
EXAMPLE
Mein Onkel ist seit Jahren in einer landwirtschaftlichen Genossenschaft.
My uncle has been in an agricultural cooperative for years.
Compare with
near_synonym · confusable
Genossenschaft vs Unternehmen
company / undertaking
'das Unternehmen' and 'die Genossenschaft' can both be economic organizations. 'Unternehmen' is the general term for a company or business. A 'Genossenschaft' is a special form: the members join together, pursue a shared economic goal, and are often both owners and users. The words can be confused because a cooperative can operate like a company. If you are speaking generally about a company, 'Unternehmen' fits. If shared membership and mutual support are important, 'Genossenschaft' is more precise.
Genossenschaft
Herr Demir ist einer Genossenschaft beigetreten, um gemeinsam mit anderen Bauern Milch zu verkaufen.
Mr. Demir joined a cooperative in order to sell milk together with other farmers.
Unternehmen
Das Unternehmen liefert jeden Morgen frisches Obst an Büros in der Stadt.
The company delivers fresh fruit to offices in the city every morning.