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.
Webster Dictionary Meaning
1. Pooling
- 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.2. Pooling
- of Pool Category: Banking & Finance
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