Glossary of Terms
Agriculture and Fishery

Agricultural Production – the growing field crops, fruits, nuts, seeds, tree nurseries (except those of forest trees), bulb vegetables and flowers, both in the open and under glass; and the production of coffee, tea, cocoa, rubber; and the production of livestock and livestock products, honey rabbits, fur-bearing animals, silkworm, cocoons, etc. Forestry and fishery production carried on as an ancillary activity on an agricultural holding is also considered as agricultural production. (Bureau of Agricultural Statistics)

Aquaculture – sector of fisheries that includes the rearing or raising under controlled conditions of aquatic products such as fish, oysters, mussels, sea weeds and other aquatic resources in sea, lakes and rivers. Examples are fishponds, fish pens and fish cages. (Bureau of Agricultural Statistics)

Commercial Fishing – sector of fisheries that includes the catching of fish in marine waters with the use of fishing boat of more than three (3) gross tons and beyond the seven (7) kilometers shoreline limit. (Bureau of Agricultural Statistics)

Municipal Fishing – sector of fisheries that includes the catching of fish in marine and inland waters with the use of fishing boat of three (3) gross tons or less, or using gear not requiring the use of boats. (Bureau of Agricultural Statistics)

Cooperative – a duly registered association of at least fifteen (15) persons with a common bond of interest who voluntarily join together to achieve a lawful common social and economic end. (Cooperative Development Authority)
  

Kinds of cooperatives:

Consumers’ Cooperative – the primary purpose is to procure and distribute commodities to members and non-members. (Cooperative Development Authority)

Cooperative Bank – organized by, the majority shares of which is owned and controlled by, cooperatives primarily to provide financial and credit services to cooperatives. (Cooperative Development Authority)

Cooperative Federation – an organization of primary and/ or secondary cooperatives with a single line or multi-purpose business activities. (Cooperative Development Authority)

Cooperative Union – an organization of cooperatives and federations at appropriate levels to represent the interest and welfare of all types of cooperatives at the provincial, city, regional and national levels. (Cooperative Development Authority)

Credit Cooperative – promotes thrift and savings among its members and creates funds in order to grant loans for productive and provident purposes. (Cooperative Development Authority)

Laboratory Cooperative – a cooperative formed and managed principally by minors and which is affiliated with a registered cooperative. (Cooperative Development Authority)

Marketing Cooperative – engages in the supply of production inputs to members, and markets their products. (Cooperative Development Authority)

Multi-Purpose Cooperative – engages two (2) or more types of business activities. (Cooperative Development Authority)

Producers’ Cooperative – undertakes joint production whether agricultural or industrial. (Cooperative Development Authority)

Service Cooperative – engages in medical and dental care, hospitalization, transportation, insurance, housing, labor, electric light and power, communication and other services. (Cooperative Development Authority)