What is the definition of Pool of funds? | Dictionary.net

POOL OF FUNDS

\pˈuːl ɒv fˈʌndz], \pˈuːl ɒv fˈʌndz], \p_ˈuː_l ɒ_v f_ˈʌ_n_d_z]\

Definitions of POOL OF FUNDS

1910 - Black's Law Dictionary (2nd edition)

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A method of raising a lot of capital in a short amount of time. Primarily used for fiancing different projects. Primary aim is to keep up the leverage ratio of a firm.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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