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:
“Just getting in the pool for seven straight hours is unbearable to me.... It’s grueling. There’s nothing physically pleasurable about it. If you’re doing a hard workout, you’re throwing up in the gutter. At night you cling to your pillow and just hope that your body revives before you have to go back and do it again.”
—Diana Nyad (b. 1949)