# Glossary

**Agenda**: A list of items and topics for discussion during a meeting.

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**Annual General Meeting (AGM)**: A yearly meeting to discuss important co-operative matters.

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**Articles of Association**: Legal documents outlining the structure and rules governing a company.

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**Autonomy**: The co-operative's ability to operate independently to achieve its aims.

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**Board Director**: A board member responsible for overseeing the co-operative's management.

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**Board Handbook**: A document outlining guidelines and responsibilities for board members.

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**Board of Directors**: The governing body overseeing the co-operative's operations.

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**Bylaws**: Rules that explain how we run the co-operative and govern operations and decision-making processes.

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**Circle Meetings**: Meetings involving specific groups within the co-operative.

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**Circles**: Alternative word for groups within the co-operative representing different membership categories and functions (e.g. general members, workers, users or purpose circles).

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**Code of Conduct**: Established guidelines and expectations for members' behaviour within the co-operative.

**Co-op**: Short for co-operative, an organisation emphasising cooperation and shared ownership.

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**Co-operatives**: People-centred enterprises owned, controlled and run by and for their members to realise their common economic, social, and cultural needs and aspirations.

**Co-operative Principles**: Guiding principles emphasising democratic member control and one member, one vote.

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**Co-operative Society**: A specific type of co-operative with shared ownership.

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**Co-ops UK**: An organisation or resource related to co-operative businesses in the United Kingdom.

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**Companies House**: Agency for registering companies.

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**Conflict of Interest**: Situations where personal interests conflict with co-operative duties.

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**Decentralised**: Where decision-making authority and resources are dispersed among members or entities rather than centralised in one location or authority (e.g. the board).

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**Democratic Control**: The co-operative is governed by its members, who make the decisions.

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**Directors**: Individuals overseeing and managing specific areas of work within the co-operative.

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**Eligibility Criteria**: Requirements for co-operative membership.

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**Equity**: Money invested in a business by members or investors.

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**Extraordinary Resolution**: A vote requiring a 75% majority to pass, used for important decisions.

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**Financial Conduct Authority (FCA)**: Regulator for financial organisations, including co-operatives, to ensure compliance with financial regulations.

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**General Members Meetings**: Regular meetings of co-operative members to discuss various aspects of co-operative business.

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**Interpreting**: Live translating of spoken language to sign language or vice versa.

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**Investor Members**: Members who have invested in the co-operative.

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**Member Economic Participation**: Members contributing and benefiting economically.

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**Membership**: Being a co-operative member with specific rights and responsibilities.

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**Members**: Individuals or organisations with co-operative rights.

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**Multi-stakeholder Co-operative**: A co-operative with different membership categories.

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**NRCPD**: The National Registers of Communication Professionals working with Deaf and Deafblind People (NRCPD) is a national voluntary regulator of over 1,700 language service professionals.

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**Ordinary Resolution**: A vote requiring a simple majority (51% or more) to pass.

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**Proposal**: A formal suggestion or idea on how we operate presented for discussion and voting during a meeting.

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**Reserves**: Funds set aside for specific purposes, such as financial stability or community initiatives.

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**RBSLI**: The Regulatory Body for Sign Language Interpreters and Translators (RBSLI) is an independent, voluntary regulator.

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**Rules**: The co-operative term for Articles of Association, the comprehensive legal document that guides and explains how we run the co-operative.

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**Secondary Rules**: The rules for the day-to-day governance of how we run the co-operative.

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**Shares**: Members or investors buy shares in a co-operative to become a member.

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**Society Law**: Legal regulations ensuring co-operatives are managed and run properly.

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**Sociocracy**: Where everyone can say what they think and be involved in discussions to make decisions together.

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**Transparency**: Open and honest communication and decision-making.

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**User members**: Deaf individuals in the co-operative.

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**Voting**: The process by which members participate in decision-making.

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**Worker Members**: Communication professionals providing services within the co-operative.

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