HyperDic: pooling_of_interest

English > 1 sense of the expression *pooling of interest*:
NOUN	possession	pooling of interest	an accounting method used in the merging of companies

English > *pooling of interest*: 1 sense > noun 1, possession
Meaning	An accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free.
Broader	accounting, accounting system, method of accounting	A bookkeeper's chronological list of related debits and credits of a business