pool noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “pool”

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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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