Pooled: meaning, definitions and examples

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.

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.