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- In a business context, a pool refers to1234:
- A working agreement based on a definite contract, often in writing, to control market volume of production or prices.
- A union of different companies in the same or similar field of business.
- An association of merchants who jointly buy or sell a certain commodity or commodities.
- Sharing resources, such as money or information, among different people or groups.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Definition of Pool A pool means a working agreement that is based upon a definite contract is usually in writing and frequently provides penalties for violation of the terms and conditions of the agreement. A pool is formed to control the market volume of production or prices.qsstudy.com/definition-pool-business-combination/A pool is formed to control the market volume of production or prices. It can be defined as a union of different companies in the same or similar arena of business. A pool is a combination of firms operating in the similar field of business with an agreement formed for controlling market price.qsstudy.com/types-of-pool-business-combination/In the business context, a pool refers to an association of merchants who jointly buy or sell a certain commodity or commodities.fitterlaw.com/insight/legal-dictionary/define-pool/to share something such as money, information, etc. so that it can be used by several different people or groups: The countries agreed to pool resources for defence purposes. They pool money from thousands of different investors and put it into a wide range of companies.dictionary.cambridge.org/dictionary/english/pool - People also ask
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