A cooperative agreement is another form of financial aid. The granting agency and the grantee work together to carry out the purpose of the award. Contracts are financial transactions. Federal agencies buy property or services for their direct benefit or use from a service provider.
Co-op | Business English.
Co-op is never inflected because it is a noun (although it can function as an adjective). Both words are usually hyphenated to reflect pronunciation (and to prevent confusion with coop).
In this use, the word is often shortened to co-op.
Co-op is the short form for co-operative. Co-op (or Co-operative) housing is very popular in Sydney. Ian shops at a food co-op where he earns a membership dividend.
1. A cooperative name must contain the word “cooperative”, “coop”, or the abbreviation “CP”.
A cooperative agreement is another form of financial aid. The granting agency and the grantee work together to carry out the purpose of the award. Contracts are financial transactions.
While traditional business structures rely on the leadership of a sole owner or corporate board of directors, worker-owned co-ops allow workers to make decisions for the business collectively and democratically. This type of co-op also share profit and risk among worker-owners.
A cooperative agreement is a hybrid between a contract and a grant. While its purpose is typically similar to a grant in that it focuses on increased scientific knowledge, the sponsor takes a more active role as a partner to the research, rather than just a funder.
The grant instrument is used to administer awards that do not require NIH involvement beyond standard agency monitoring and stewardship. Under a cooperative agreement, NIH expects to be substantially involved in carrying out the project.