POOLING OF INTEREST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does pooling of interest mean? 

• POOLING OF INTEREST (noun)
  The noun POOLING OF INTEREST has 1 sense:

1. an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free

  Familiarity information: POOLING OF INTEREST used as a noun is very rare.

 Dictionary entry details 

• POOLING OF INTEREST (noun)

Sense 1

Meaning:

An accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("pooling of interest" is a kind of...):

accounting; accounting system; method of accounting (a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts)