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 ?
When the party again took up the march around the southern end of the pool the owner of the eyes followed them--large, round eyes, almost expressionless except for a certain cold cruelty which glinted malignly from under their pale gray irises.
But to prevent them from getting behind him, he was forced back, down past the pool and into the creek bed, till he brought up against a high gravel bank.
She is such a dear quiet thing,' Alice went on, half to herself, as she swam lazily about in the pool, `and she sits purring so nicely by the fire, licking her paws and washing her face--and she is such a nice soft thing to nurse--and she's such a capital one for catching mice--oh, I beg your pardon
The golden skirts of day were yet lingering upon the hills, but deep shades obscured the hollow and the pool, as if sombre night were rising thence to overspread the world.
The Boscombe Pool is thickly wooded round, with just a fringe of grass and of reeds round the edge.
We reached the submarine pool in Omean without incident.
Crab," said the zebra, "here are the people I told you about; and they know more than you do, who lives in a pool, and more than I do, who lives in a forest.
They cleared the crest and emerged from the pool as if into another world, for now they were in the thicket of velvet-trunked young madronos and looking down the open, sun-washed hillside, across the nodding grasses, to the drifts of blue and white nemophilae that carpeted the tiny meadow on either side the tiny stream.
From this point the trail swerved off toward the pool.
Under the shade of the trees they found, in the center of the circle, a crystal pool, its water as still as glass.
When the Workman said it was not, he dived into the pool for the third time and brought up the axe that had been lost.
The Political Pot said it would not boil any more unless replenished from the Filthy Pool.