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SourceLaw Dictionary Browse Letter P

Pool

Legal definition for Indian law research

Definition

pool


1 : an aggregation of the interests, obligations, or undertakings of several parties working together [an insurance ]
2 : a group of people available for some purpose see also jury pool
vt : to combine (as assets or votes) in a common form or effort
;esp
: to combine (interests) so as not to have a merger of companies considered a purchase for accounting purposes




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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