Word
pooling
Phoneticspool·ing
US/ˈpuɫɪŋ/
UK/pˈuːlɪŋ/
Definition
v. to collect or gather things together in one place so they can be used as a group. You often use this when talking about money or resources.
v. to collect or gather resources, assets, or efforts into a common fund or group for shared use. Often used in the context of financial risk management or collaborative projects.
Examples
“The company is pooling its resources to build a new office.”
“By pooling their savings, the family was able to afford a down payment on a house much faster than they could have individually.”
“The insurance industry relies on the pooling of individual risks to ensure that the financial burden of a single catastrophic event is distributed across the entire membership.”
Examples
simple
“The company is pooling its resources to build a new office.”
contextual
“By pooling their savings, the family was able to afford a down payment on a house much faster than they could have individually.”
complex
“The insurance industry relies on the pooling of individual risks to ensure that the financial burden of a single catastrophic event is distributed across the entire membership.”
Real-World Examples
“By pooling results, researchers can draw stronger conclusions than they might from smaller individual studies, particularly when earlier findings have been inconsistent.” “Domestic records collection and foreign data-for-aid deals rest on the same faith that anonymization neutralizes the risk of pooling sensitive health data.” Scan code
englishreference.com/q/pooling