Home > Term: Pool
Pool
A community of persons or companies with common interests which combine to carry out common measures, contribute to a common fund of resources or further a common effort. The rights and duties of pool members are usually governed by a contract. Examples: gold pool, shareholders' pool.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Harry8L
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(London, United Kingdom)