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)
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