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pool business definition
- A temporary affiliation of two or more people formed for the purpose of attempting to manipulate a security's price and/or volume. The pool is necessary in order to acquire the capital needed to manipulate a stock having a large market value. Pools were especially popular in the 1920s and early 1930s, but now have been regulated out of existence. See also blind pool, trading pool.
- See mortgage pool.
- A group of insurers and reinsurers who join together to share risks and premiums.
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