Definition of Cooperative. Cooperative. A type of residence where the buyer owns shares in the corporation that owns the building and has the right to live in a specific unit, but doesn't actually own the space. The development's association board interviews the buyer as part of the application to live in the community.
Ambulatory strictly means the ability to walk but in the context of surgery, it refers to patients who are able to leave the hospital the same day as the surgery, without being admitted. Ambulatory surgery is referred to by other names, commonly called minimally invasive surgery, outpatient surgery or same day surgery.
The types of procedures and treatments are sometimes referred to as â outpatient care.â As the âambulatoryâ in the term would seem to suggest, classically the patient can get into a medical facility for treatment under his or her own power.