What is another word for pooling of interest?

Pronunciation: [pˈuːlɪŋ ɒv ˈɪntɹəst] (IPA)

Pooling of interest is a term used in accounting to refer to a type of merger that involves the consolidation of two or more companies into a new entity, where the assets and liabilities of the merging companies are combined. Some synonyms for pooling of interest include: consolidation, merger, amalgamation, grouping, coming together, union, integration, and combination. Each of these words describes a situation where two or more entities are brought together to operate as a single unit. By pooling their resources, knowledge, and expertise, companies can achieve greater efficiency, economies of scale, and profitability, while also reducing costs and risks.

Synonyms for Pooling of interest:

What are the hypernyms for Pooling of interest?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Pooling of interest?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Related words: pooled interest, pooled investments, pooled funds, pooled account, pooled debt, pooled funds definition

Related questions:

  • What is a pooled account?
  • How is the interest calculated in a pooled account?
  • Can you open a pooled account online?
  • What are the benefits of a pooled account?
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