pooling of interest

1. 1.

   an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free

   Broaderaccounting

Questions about pooling of interest

What does pooling of interest mean?

pooling of interest means "an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free".

Is pooling of interest a common word?

pooling of interest is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.