7. (Law)
Defn: An aggregation of properties or rights, belonging to different people in a community, in a common fund, to be charged with common liabilities. Pin pool, a variety of the game of billiards in which small wooden pins are set up to be knocked down by the balls. — Pool ball, one of the colored ivory balls used in playing the game at billiards called pool. — Pool snipe (Zoöl.), the European redshank. [Prov. Eng.] — Pool table, a billiard table with pockets.
POOL
Pool, v. t. [imp. & p. p. Pooled; p. pr. & vb. n. Pooling.]
Defn: To put together; to contribute to a common fund, on the basis of a mutual division of profits or losses; to make a common interest of; as, the companies pooled their traffic. Finally, it favors the poolingof all issues. U. S. Grant.
POOL
Pool, v. i.
Defn: To combine or contribute with others, as for a commercial, speculative, or gambling transaction.
POOLER
Pool"er, n.
Defn: A stick for stirring a tan vat.
POOLING
Pool"ing, n. (Law)
Defn: The act of uniting, or an agreement to unite, an aggregation of properties belonging to different persons, with a view to common liabilities or profits.