Pooling Of Interests: An accounting method for reporting acquisitions accomplished through the use of equity. The combined assets of the merged entity are consolidated using book value, as opposed to the purchase method, which uses market value. The merging entities' financial results are combined as though the two entities have always been a single entity.

 

Related Words

Pooling Of Interests: An accounting method for reporting acquisitions accomplished through the use of equity. The combined assets of the merged entity are consolidated using book value, as opposed to the purchase . . . View Full Definition

Plant Variety Protection Act Of 1970: P.L. 91-577 (December 24, 1970) was enacted to provide patent-like protection for new non-hybrid seed varieties. The ultimate goal was to create an incentive for public and private research . . . View Full Definition

Plague Of Justinian: (541-542) The Plague of Justinian was a pandemic that afflicted the Byzantine Empire, including its capital Constantinople, in the years 541–542 AD. It has been speculated that this pandemic . . . View Full Definition

Place Of Articulation: The point in the oral cavity where the position of speech organs (lips, teeth, tongue, etc.) Is most important for a particular sound.