Definition: is a method of accounting, which implies balancing out the sheets of two different companies or businesses and adding them together during the merge. In general, this term implies combining the assets of two organizations, companies, or businesses when they integrate. The alternative process is the purchase method, which involves one company or business absorbing the funds and the assets of the other one, thus adding those to its own market value.Transcription:
In a Sentence:
Because we have decided to go with the pooling of interest, we will unite our interests and assets.
If you don’t want your business to be purchased by another, you need to apply the method of pooling of interests. This way, you will unite with another business and be on par with it.
Synonyms and related words: book value, assets, market value, purchase method, goodwill.