Limited Equity Cooperative

Business, Legal & Accounting Glossary

Definition: Limited Equity Cooperative


Limited Equity Cooperative


Full Definition of Limited Equity Cooperative


A type of shared home ownership in which individuals buy a share in a cooperative, usually at a low price. Each share entitles an individual to occupy one unit and to take part in making decisions regarding the cooperative. Limited equity cooperatives limit the return that share owners can receive on resale of their shares. In this respect, they are different from market rate cooperatives, in which members can sell their shares at market value. The share owners of limited equity cooperatives are usually low-income households.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/limited-equity-cooperative/
Modern Language Association (MLA):
Limited Equity Cooperative. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/limited-equity-cooperative/.
Chicago Manual of Style (CMS):
Limited Equity Cooperative. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/limited-equity-cooperative/ (accessed: March 29, 2024).
American Psychological Association (APA):
Limited Equity Cooperative. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/limited-equity-cooperative/

Definition Sources


Definitions for Limited Equity Cooperative are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.