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English definition of “pool”

pool

noun     /puːl/
a quantity of a particular thing or money that is collected and used by different people or organizations : You can buy shares directly via a stockbroker or invest in a pool of shares run by a professional fund manager . You can use a car from the car pool for your trip .
WORKPLACE, HR a number of people who are available to work when needed : We are creating a pool of workers who are willing and able to fill such positions . Many companies are considering outsourcing some of their operations in order to tap into a cheaper pool of labour .
INSURANCE a group of insurance companies that work together to provide insurance for something that a single insurance company cannot provide insurance for alone : a high-risk insurance pool
→ See also blind pool, carpool noun, motor pool
(Definition of pool noun from the Cambridge Business English Dictionary © Cambridge University Press)
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