An equalization pool a fund created to level out differences in financial risk, often across long periods of time, in a process known as risk equalization. Examples include mandatory health insurance and grower co-operatives.
Read more about Equalization Pool: Health Insurance, Co-operative Marketing, Regional Balance
Famous quotes containing the word pool:
“I caught a blackjack right behind my ear. A black pool opened up at my feet. I dived in. It had no bottom. I felt pretty good—like an amputated leg.”
—John Paxton (1911–1985)