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Pooling Meaning: Definition, Examples, and Translations

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pooling

[ˈpuːlɪŋ ]

Definitions

Context #1 | Noun

finance term

Pooling refers to the practice of combining resources or assets into a single group to achieve certain benefits, such as risk reduction or enhanced returns. This term is often used in finance and investment sectors, where individuals or entities may pool their funds to invest in larger projects that would be inaccessible individually.

Synonyms

aggregation, combination, consolidation.

Examples of usage

  • The company engaged in pooling to raise funds for the new project.
  • Pooling resources allowed the small businesses to compete with larger corporations.
  • Investors were interested in pooling their assets for better diversification.
Context #2 | Verb

data collection

Pooling, in the context of data collection, refers to the process of gathering different groups of data together for analysis or to draw broader conclusions. This method allows for more efficient processing and interpretation of the data, leading to improved decision-making.

Synonyms

collecting, gathering, grouping.

Examples of usage

  • Researchers began pooling their data to get more accurate results.
  • Pooling allows us to identify trends across different demographics.
  • The team is pooling resources from various departments for the project.

Translations

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

Origin of 'pooling'

The term 'pooling' originates from the concept of a 'pool', which has a long-standing etymology connected to the Old French word 'pol', meaning 'a small body of water', as well as the Latin 'piscina', which translates to 'fish pond'. As language evolved, 'pool' began to take on meanings associated with gathering or collecting, especially in contexts involving shared resources or investments. By the mid-20th century, 'pooling' was widely recognized in the finance sector as a method of risk management where participants combine their assets to achieve better overall performance. This evolution showcases how language adapts to new social and economic realities, reflecting shifts towards collaboration and shared economic strategies.

Word Frequency Rank

At position #13,450, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.