patronage rebate definition
patronage rebate means a share of the profits of a registered society divided among its members in proportion to the volume of business done with the society by them from which such profits were derived;
patronage rebate means a share of the profits of the Co- operative divided among its members in proportion to the volume of business done with the Co-operative by them from which such profits were derived, as is defined under section 2 of the Co-operative Societies Act 1993;
patronage rebate means a share of the profits of a co-operative society divided among its members in proportion to the volume of business done with the co-operative society by them from which such profits were derived;
More Definitions of patronage rebate
patronage rebate means the returns to members from net surplus, allocated in proportion to the volume of business each individual has done with the co-operative credit union during the preceding financial year;