pooling
v. C1 Advanced US //ˈpuɫɪŋ// UK //pˈuːlɪŋ// pool·ing
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.
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.