Dictionary.com
definitions

colectivo

[koh-lek-tee-voh; Spanish kaw-lek-tee-vaw]
noun, plural co·lec·ti·vos [koh-lek-tee-vohz; Spanish kaw-lek-tee-vaws] /ˌkoʊ lɛkˈti voʊz; Spanish ˌkɔ lɛkˈti vɔs/. (in Latin America)
  1. a small public bus.

Origin of colectivo

< American Spanish: literally, collective, i.e., a vehicle used collectively; Spanish < Latin collēctīvus collective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018