POOLING OF INTEREST

Pronunciation (US):

(GB):

 I. (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)

Credits

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