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 ?
James; the tomb of Zacharias; beyond, are the Garden of Gethsemane and the tomb of the Virgin Mary; here is the Pool of Siloam, and "
Seven generations of the same ancestor must come up from the beginning before a cos-ata-lu child may be born; and when one considers the frightful dangers that surround the vital spark from the moment it leaves the warm pool where it has been deposited to float down to the sea amid the voracious creatures that swarm the surface and the deeps and the almost equally unthinkable trials of its effort to survive after it once becomes a land animal and starts northward through the horrors of the Caspakian jungles and forests, it is plainly a wonder that even a single babe has ever been born to a Galu woman.
Just then a splash startled them, for Button-Bright, in his anxiety to see the pool that would "cure" him, had stepped too near the edge and tumbled heels over head into the water.
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.
So long as neither of us could prove we were right we quite enjoyed the dispute; but now I can never drink at that pool again without the soft-shell crab laughing at me.
When about a hundred yards from the pool I heard a cry of "Cooee
With the first sight of the strange black, which occurred close to the pool, Jerry's suspicions were aroused.
We were now in a quandary as to how to pass the guards who patrolled the island about the pool.
By the time I reached the pool, however, she was close behind me, and I knew that, whatever, to her apprehension, might befall me, the exposure of my society struck her as her least danger.
Katherine's Dock, lying overshadowed and black like a quiet pool amongst rocky crags, through the venerable and sympathetic London Docks, with not a single line of rails in the whole of their area and the aroma of spices lingering between its warehouses, with their far-famed wine- cellars - down through the interesting group of West India Docks, the fine docks at Blackwall, on past the Galleons Reach entrance of the Victoria and Albert Docks, right down to the vast gloom of the great basins in Tilbury, each of those places of restraint for ships has its own peculiar physiognomy, its own expression.
Early that evening George went into Ransom Surbeck's pool room with Seth Richmond and Art Wilson, son of the town butcher.