Equalization Pool

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:

    A pool is, for many of us in the West, a symbol not of affluence but of order, of control over the uncontrollable. A pool is water, made available and useful, and is, as such, infinitely soothing to the western eye.
    Joan Didion (b. 1934)