POOL

1. A oomblnation of persons or· corporations engaged in the same busine , or for the purpose of engaging in a particular· busine or commercial or speculative venture, where all contribute t.o a common fund. or place their holdings of a given stock or other security in the hands and control of a managing member or committee, with the object of eliminating competition as between the several members o~ the pool, or of establishing a monopoly or controlling pri<'ea or rates by the weight. and power of their C9mbined capital, or of raising or depte in&,: [s. 918]