What does pooling of interest mean?
Definitions for pooling of interest
pool·ing of in·ter·est
This dictionary definitions page includes all the possible meanings, example usage and translations of the word pooling of interest.
Princeton's WordNet
pooling of interestnoun
an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
ChatGPT
pooling of interest
Pooling of interest refers to an accounting method used to consolidate and/or combine the financial statements of two or more companies involved in a business merger or acquisition. Under this method, the assets, liabilities, and other relevant financial items of the merged entities are added together into one consolidated balance sheet, usually performed at the book value rather than their fair market value. It essentially treats the new combined company as if it had always been one single entity.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of pooling of interest in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of pooling of interest in Pythagorean Numerology is: 3
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"pooling of interest." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/pooling+of+interest>.
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