Blind pool is a limited partnership that creates a public company without a single purpose, allowing investors to pursue other interests. It seeks opportunities for profit creation and may add new products or services. Blind pools were popular in the 1980s but are now discouraged as an investment strategy. As a form of limited partnership […]
A workforce is a group of people qualified to work in a specific job situation, including unskilled, semi-skilled, and skilled labor. Companies often assess the labor pool before opening a facility and may consider demographics when choosing a location. The definition of a workforce can vary, including those actively employed or unemployed but trained. More […]
An options pool is a collection of corporate shares that can be distributed to employees, shareholders, or other parties in the future. It can be used to keep initial costs low and reduce the price of company stock during IPOs. However, it complicates pricing during IPOs as it dilutes shareholder equity. Options are useful for […]
Pool attendants maintain pool water chemistry, clarity, and color, as well as the surrounding area. They are not lifeguards and must ensure public health and safety regulations are met. A pool attendant is typically hired to maintain a pool, the water in it, and the surrounding area. Some employers also require pool attendants to supervise […]
Commodity pools are like managed futures funds that allow smaller investors to participate in larger investments and bypass margin requirements. They distribute risk and are a private venture for a select group of investors. Commodity pools are funds that receive contributions from a number of investors for the purpose of engaging in trading in commodities […]
Cost pools are groups of expenses related to a specific product or service. They help track expenses for projects or departments and simplify accounting tasks by associating expenses with a particular project. Cost pools can be used to track any set of expenses and are assigned a specific number sequence. Also known as cost centers, […]
A jumbo pool is a mortgage-backed security backed by multiple groups of investors, including a broader range of properties and mortgages from across the country and possibly international locations, making it a safer investment with consistent returns. A jumbo pool is a financial term used to identify a mortgage-backed security backed by multiple groups of […]
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