Pooling: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Link with Virtual pooling page.) |
||
| Line 21: | Line 21: | ||
* [[Legal implications of cash pooling structures]] | * [[Legal implications of cash pooling structures]] | ||
* [[The future of pooling]] | * [[The future of pooling]] | ||
* [[Virtual pooling]] | |||
Revision as of 16:26, 11 November 2017
1.
A procedure in which excess funds in the bank accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed.
2.
The core principle of fund management, where individual investors with the same investment objective bring their moneys together in a single investment vehicle portfolio.
In exchange for the moneys brought in, the investor receives a proportional share in the mutual fund’s underlying assets.
