- The act of uniting, or an agreement to unite, an
aggregation of properties belonging to different persons, with a view
to common liabilities or profits.
Pooling Pooling is spreading of losses incurred by the few over the entire group, so that in the process, average loss is substituted for actual loss.
Van pooling Van pooling is an energy conservation measure whereby employees are asked to commute to work in groups using their own vans or those supplied by the company.