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:
“As every pool reflects the image of the sun, so every thought and thing restores us an image and creature of the supreme Good. The universe is perforated by a million channels for his activity. All things mount and mount.”
—Ralph Waldo Emerson (18031882)
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