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:
“... this dream that men shall cease to waste strength in competition and shall come to pool their powers of production is coming to pass all over the earth.”
—Jane Addams (1860–1935)
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