pool


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Pool

In capital budgeting, the concept that investment projects are financed out of a pool of bonds, preferred stock, and common stock, and a weighted-average cost of capital must be used to calculate investment returns. In insurance, a group of insurers who share premiums and losses in order to spread risk. In investments, the combination of funds for the benefit of a common project, or a group of investors who use their combined influence to manipulate prices.

Pool

1. A group of financial instruments that may be placed into the same investment vehicle. A major example is a mortgage pool, which consists of mortgages that are divided up and placed into large groups to be sold as securities.

2. Funds that a group of investors put together to invest for mutual benefit. A major example of a pooled fund is a mutual fund.

pool

1. A temporary affiliation of two or more people in an attempt 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.

pool

A group of mortgage loans used as security for a bond issue. See collateralized mortgage backed securities.

References in classic literature ?
It was high time to go, for the pool was getting quite crowded with the birds and animals that had fallen into it: there were a Duck and a Dodo, a Lory and an Eaglet, and several other curious creatures.
At nine o'clock Lestrade called for us with the carriage, and we set off for Hatherley Farm and the Boscombe Pool.
We rode across the Valley of Hinnom, between two of the Pools of Gihon, and by an aqueduct built by Solomon, which still conveys water to the city.
Rile some other pool with your clumsy hoofs, and let your betters alone after this
From the pool came occasional cries and laughter, and each time they reached his ears Jerry experienced glad little thrills.
she cried; for she could see all her pretty face and fluffy, rainbow-tinted gown reflected in the pool, as natural as life.
And so it was that Bradley had no desire to follow up the little stream toward the pool near which were sure to be the caves of some savage tribe, but fortune played him an unkind trick, for the pool was much closer than he imagined, its southern end reaching fully a mile south of the point at which they crossed the stream, and so it was that after forcing their way through a tangle of jungle vegetation they came out upon the edge of the pool which they had wished to avoid.
He looked into every pool of water vainly, until, as the long twilight came on, he discovered a solitary fish, the size of a minnow, in such a pool.
It's the easiest thing in the world," said the Story Girl, tiptoeing to the edge of the pool to peep at her own arch reflection, as some nymph left over from the golden age might do.
Dawn was breaking when, without any warning whatsoever, Pinocchio found his path barred by a deep pool full of water the color of muddy coffee.
The pool itself, muddy and discolored from the sluice boxes, effectually hid what it contained, and it contained John Thornton; for Buck followed his trace into the water, from which no trace led away.
Keeping carefully out of sight, I followed the crest along for a couple of miles to a natural amphitheatre in the hills, where the little river raced down out of a gorge and stopped for breath in a large and placid rock-bound pool.