pool


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

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 ?
"Come and look at yourself." She led him to the pool, and although there were still a few ripples on the surface of the water he could see his reflection plainly.
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!' cried Alice again, for this time the Mouse was bristling all over, and she felt certain it must be really offended.
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.
"Rile some other pool with your clumsy hoofs, and let your betters alone after this!"
One is that the murdered man had an appointment with someone at the pool, and that the someone could not have been his son, for his son was away, and he did not know when he would return.
There was some small game which gave us meat, and the little pools of rainwater were sufficient to quench our thirst.
Not satisfied with his position by the board tree, he lowered his gun to his side and crept closer to the pool. Jerry crouched low and followed.
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.
Torith took a half step toward the entrance to the pool as though to corroborate my story.
Grose took again, into the queer element I offered her, one of her plunges of submission; then I pointed out that the boat might perfectly be in a small refuge formed by one of the recesses of the pool, an indentation masked, for the hither side, by a projection of the bank and by a clump of trees growing close to the water.
That was in the days when, in the part called the Pool, just below London Bridge, the vessels moored stem and stern in the very strength of the tide formed one solid mass like an island covered with a forest of gaunt, leafless trees; and when the trade had grown too big for the river there came the St.
Out of doors under the black sky filled with stars he forgot his companions of the pool room.