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Pooled Meaning: Definition, Examples, and Translations

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pooled

[puːld ]

Definition

Context #1 | Verb

resource sharing

Pooled refers to the act of combining resources or efforts from multiple sources for a collective purpose. This term is often used in finance and research, where individuals or entities contribute their assets, such as money or data, which are then utilized together for greater effectiveness. In essence, pooling allows for increased efficiency and collaboration, enabling participants to achieve objectives that may be challenging to reach independently. It is a common practice used in various sectors to maximize output and minimize risks.

Synonyms

amassed, combined, consolidated, gathered.

Examples of usage

  • They pooled their resources to start a new business.
  • The scientists pooled data from multiple studies to draw a more comprehensive conclusion.
  • The charity organization pooled donations from several contributors to support the cause.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Finance

  • In investment contexts, pooled funds gather money from multiple investors to invest in shared assets, allowing greater diversification.
  • Pooled resources can lead to increased efficiency, as combining assets often results in better opportunities than individual investments.
  • This method of pooling resources dates back centuries, helping individuals with fewer means to access larger opportunities.

Social Science

  • Pooling social resources often occurs in communities, where individuals share knowledge and talents for mutual benefit.
  • Research in social psychology indicates that pooling resources can strengthen community bonds and promote teamwork.
  • Many collaborative projects rely on pooling ideas to enhance creativity and innovation among diverse participants.

Technology

  • In computer science, data pooling can refer to combining datasets from various sources for analysis, leading to richer insights.
  • Pooling internet bandwidth allows multiple users to share a connection, making it more efficient and leading to better performance.
  • The rise of cloud computing has facilitated data pooling, enabling users to share and store large amounts of information seamlessly.

Environmental Science

  • Pooling water in wetlands serves crucial ecological purposes, helping regulate local climates and supporting diverse ecosystems.
  • Environmental initiatives often focus on pooling resources for sustainable practices to combat climate change more effectively.
  • Collaborative conservation efforts leverage pooled funding to protect endangered species and restore natural habitats.

Origin of 'pooled'

Main points about word origin

  • The word 'pooled' comes from the Old French term 'poule', which means a 'duck pond', signifying a gathering of water.
  • In English, 'pool' originally referred to a communal drinking place for animals before evolving into its current usage.
  • The transformation of 'pool' to mean a common area represents how language can evolve from simple to complex meanings over time.

The word 'pooled' originates from the verb 'pool', which is derived from the Middle English 'pole', meaning 'a foot of water; a pool of water', and later evolved to signify 'a collective resource or fund'. Its usage has transitioned from a physical definition related to bodies of water to a more abstract application concerning the gathering and sharing of resources among individuals or groups. The idea of pooling resources has been prevalent in various contexts, especially in financial, legal, and research domains, and reflects the necessity of collaboration often required to achieve common goals.

Word Frequency Rank

At position #12,793, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.