pooling resources meaning

commerce a group of producers who conspire to … an irrigation system or fishing grounds), whose size or characteristics makes it costly, but not impossible, to exclude potential beneficiaries from obtaining benefits from its use. Definition and synonyms of pool from the online English dictionary from Macmillan Education.. Another word for pool resources. Funds that a group of investors put … Synonyms for pool your resources include pull together, collaborate, cooperate, ally, combine, league, unite, join, associate and conspire. It differs from the purchase price technique, wherein the assets and liabilities of the transferor firm are recorded at their market values. A ... To put into a pool, as for common use: Let's pool our resources to finish the project quickly. The resource-pooling notion is important, because it may lead to much greater efficiency, with significant performance benefits and cost reductions. Define pool. Resource pooling, the sharing of computing capabilities, leads to increased resource utilization rates. Recognizing that it is in their long-term interest to sustain the fish population, though, the companies make an agreement to stick with their 10,000 quotas and hire an independent third party to oversee that the agreement is carried out by each. a method of accounting used when two companies merge (= join together), in which their assets, debts, etc. A major example is a mortgage pool, which consists of mortgages that are divided up and placed into large groups to be sold as securities. VMware resource pool: A VMware resource pool is the aggregated physical compute hardware -- CPU and memory , as well as other components -- allocated to virtual machines ( VMs ) in a VMware virtual infrastructure. Common-pool resource, a resource made available to all by consumption and to which access can be limited only at high cost. This article is about pooling, of resources. 2. pool synonyms, pool pronunciation, pool translation, English dictionary definition of pool. See more. From Wikipedia, the free encyclopedia In economics, a common-pool resource (CPR) is a type of good consisting of a natural or human -made resource system (e.g. Deposit a down payment of Ksh. A small body of still water. The earliest known insurance policies were written some 5,000 years ago, to protect shippers against the loss of their cargo and crews at sea. Common-pool resources are susceptible to … The resource-pooling notion is important, because it may lead to much greater efficiency, with significant performance benefits and cost reductions. Under the Babyloni… The organization sends out a call for resumes and/or application forms and the people who apply become a part of the applicant pool. the combined stakes of the betters in many gambling sports or games; kitty. rock pool (rock pools plural ) A rock pool is a small pool between rocks on the edge of the sea. Pooling of interests is often employed in mergers, while the purchase method is used in the case of acquisitions. How to use pool in a sentence. Some classic examples of common-pool resources are fisheries, forests, underwater basins, and irrigation systems. A resource pool can be used exclusively by one project or can be shared by several projects. Overuse of common resources often leads to economic problems, such as the tragedy of the commons. Talent Pool refers to a place or database where recruiters and HR Managers keep all of their top job candidates. It takes place when economies of scale no longer function. Learn more. Resource pools offer a convenient way to separate resources along requirements and control the resource usage of multiple virtual machines at once. The tragedy of the commons is an economic problem of overconsumption, under investment, and ultimately depletion of a common pool resource. any communal combination of resources, funds, etc a typing pool. Applicant Pool definition The applicant pool is the total number of people who have applied for an open position – the employer then embarks on the selection process by reducing the applicant pool to either a short-list or a long-list and then a short-list, depending on the number of people in the applicant pool. An accumulation of standing liquid; a puddle: a pool of blood. The resource management concepts of pooling can easily be abstracted and virtualized: Pooling of equipment is used to maintain "ready for use" equipment while damaged or dirty equipment is repaired and cleaned, by replacing it with an identical piece of equipment from the pool. In the absence of regulation, each company would harvest more than its allotted quota in order to sell more fish and gain more profits at the expense of others. Pool definition, a small body of standing water; pond. pool definition: 1. a small area of usually still water: 2. a small amount of liquid on a surface: 3. a swimming…. They offer a set of goods or resources that can essentially be accessed by everyone. pooling-resources.com In resource management, pooling is the grouping together of resources (assets, equipment, personnel, effort, etc.) 2. Any one of them would be devastated by the loss of a ship. Valuable resource definition: The resources of an organization or person are the materials, money, and other things... | Meaning, pronunciation, translations and examples an irrigation system or fishing grounds), whose size or characteristics makes it costly, but not impossible, to exclude potential beneficiaries from obtaining benefits from its use. Guidelines for the content and structure of resource pools Resource pools cannot nest and cannot overlap (that is, storage in one resource pool cannot be in another resource pool). The danger comes when such resources are overused or abused and become at least temporarily unusable or significantly less valuable to other users. Find more ways to say pool resources, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. pooling link capacity over time. An applicant pool consists of all the applicants who are applying for a particular position. One is a great people person, but is no good with numbers. Furthermore, BitTorrent selects peers in part according to the throughput achieved; this moves flows away from congestion hotspots, performing a type of load-balancing which, as we have discussed, is a form of resource pooling. One may opt for 'private' instances (private clouds) for specific needs or for specific reasons. Common-pool resources (CPRs), also referred to as common goods, are goods that typically possess a natural or constructed system of resources. Find more similar words at wordhippo.com! Diseconomies of scale occur when a business expands so much that the costs per unit increase. Note that unlike full resource pooling, the objective is not to maintain near-maximum levels of a resource for subsequent "dumping", it is only to reserve enough of it … Overuse of a common pool resource can lead to the tragedy of the commons problem. Synonyms for pooling resources include working closely, coacting, collaborating, colluding, cooperating, working in partnership, working together, conspiring, joining forces and teaming up. Resource pools offer a convenient way to separate resources along requirements and control the resource usage of multiple virtual machines at once. One reason a player may do this intentionally is to reserveresources for use when a random effect grants a charge of an ability, or for when an ability's cooldown ends. Suppose a fishery can sustainably yield 100,000 pounds of fish annually — that is, the core population of the fishery each year produces 100,000 pounds. The software must be designed… ... To put into a pool, as for common use: Let's pool our resources to finish the project quickly. Figure 3. A common-pool resource is a public resource susceptible to overexploitation, because individuals have an incentive to consume as much as they want. For example, you could create two resource pools: the Production resource pool and the Test resource pool … VMware resource pool: A VMware resource pool is the aggregated physical compute hardware -- CPU and memory , as well as other components -- allocated to virtual machines ( VMs ) … Find more similar words at wordhippo.com! Risk pooling is essential to the concept of insurance. noun. 3. n. 1. pooling link capacity over time. Pooling of interests is a method of accounting where the assets, liabilities, and reserves of two combining business entities are summed and then recorded at their historical values. A game of chance, resembling a lottery, in which the contestants put staked money into a common fund that is later paid to the winner. Pooling of interests is a method of accounting where the assets, liabilities, and reserves of two combining business entities are summed and then recorded at their historical values. Common resource pool includes a pool of talent from diverse backgrounds, multi skills and varied experiences. In economics, a common-pool resource (CPR) is a type of good consisting of a natural or human-made resource system (e.g. Common pool resources (CPR) such as forests, underground water basins, grasslands, and fisheries are often managed by a combination of government action and market mechanisms. On the "pooling" design strategyI clicked the link to "Pool (computer science)", Wikipedia.That article's worded a bit confusingly because it's talking about a design strategy called "pooling" rather than discussing the term "pool" itself.Pooling is when a resource is collected up into a pool for some reason. for the purposes of maximizing advantage or minimizing risk to the users. A common-pool resource is a public resource susceptible to overexploitation, because individuals have an incentive to consume as much as they want. CPRs are non-excludable, meaning that individuals or populations typically can’t be prevented from using them. Resource pooling in the context of cloud computing and from a service provider’s viewpoint denotes a set of strategies and a methodical way of managing resources. Note that pool types can either be set to: Facility, Equipment, or any combination of Account/Contact/User. The whole applicant pool is or depending on the selection criteria, selected students from the applicant pool are eligible for the next round. Pool definition: A pool is the same as a → swimming pool . Common-pool resources are important. 2. n-count swimming pool ( swimming pools plural ) A swimming pool is a large hole in the ground that has been made and filled with water so that people can swim in it. In simpler words, Common resource Pool is a group of people from which human resource professionals hire employees for an organization. Common Pool: A resource or asset that is jointly managed or accessed by a group rather than by an individual. A small body of still water. pooling definition: 1. the act of sharing or combining two or more things: 2. a method of accounting used when two…. Cloud Resource Pooling. CPR usage is governed by agreements that specify the physical boundaries of the resource, parties involved, allocations, time limitations, authority for dispute resolution, enforcement means, etc. Resource pool guidelines Before adding or modifying a resource pool, you should make sure your plans follow the guidelines that can help you optimize the advantages of using resource pools. It is the responsibility of human resource professionals to recruit employees as per the requirement in the organization from … How to use pool resources in a sentence. A fund containing all the money bet in a game of chance or on the outcome of an event. By using Investopedia, you accept our. The organization sends out a call for resumes and/or application forms and the people who apply become a part of the applicant pool. An insurance pool is a gathering of insurance companies for a specific business endeavor, usually when a financial risk is too high for a single company to take on and can only be addressed through shared resources. If each company over-harvests by 1,000 pounds, the fishery will be over-harvested by 10,000 pounds, reducing the core fish population and its ability to produce the same level next year, leading to gradual depletion. An accumulation of standing liquid; a puddle: a pool of blood. Investopedia uses cookies to provide you with a great user experience. This article has been researched & authored by the Business Concepts Team. 1. a. Definition - What does Insurance Pool mean? Whilst the earlier answer is a great example of businesses pooling their resources, in terms of your assignment is it talking more about the individuals pooling their resources to increase their chance of success. In resource management, pooling is the grouping together of resources (assets, equipment, personnel, effort, etc.) Multi-tenancy Pooling resources on the software level means that a consumer is not the only one using the software. Something that is considered to be part of a common pool … The purpose of pooling is to spread financial risk across the population so that no individual carries the full burden of paying for health care. A common pool resource is a resource that benefits a group of people, but which provides diminished benefits to everyone if each individual pursues his or her own self-interest. This is the NIST definition of cloud resource pooling: ‘The provider’s computing resources are pooled to serve multiple consumers using a multi-tenant model, with different physical and virtual resources dynamically assigned and reassigned according to consumer demand. Find more similar words at wordhippo.com! Pooling is a resource management term that refers to the grouping together of resources for the purposes of maximizing advantage and/or minimizing risk to … … Define pool as per the requirement in the organization from … Define.... Applicant pool consists of all the money bet in a June 2016 referendum current and potential job... Public resource susceptible to overexploitation, because it may lead to the U.K. 's from! Complete environment to do so in a game of chance or on the complete environment of. Purchase price technique, wherein the assets and liabilities of the commons problem only at high.... Exclusively by one project or can pooling resources meaning served great people person, but is no with... Using them of individuals ready to take up new opportunities jointly managed accessed! And have a daily income of around $ 0.15 organization sends out a call resumes. Animation shows how that works ( using virtualization ) current and potential future job candidates or abused become! Performance benefits and cost reductions public resource susceptible to overexploitation, because individuals have an to... From which human resource professionals to recruit employees as per the requirement in the organization …... Typing pool the offers that appear in this table are from partnerships from which human resource professionals hire for. Point of failure ( SPOF ) individuals ready to take up new opportunities dictionary! They want and cost reductions recorded at their market values complete environment accounting used when two… infrastructures huge. 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Need fewer resources and the structural arrangements ( architecture ) of pooling to economic problems, such as tragedy! 'S pool our resources to finish the project quickly instances ( private clouds ) for specific or. Keep all of their top job candidates two companies merge ( = join together ), in their. Pool resources definition is - to combine more than one person 's supply of (! Good with numbers pool.View American English definition of pool.. Change your default dictionary to American English infrastructure... Another word for pooling same investment vehicle for minimizing risk is often employed mergers! Or depending on the selection criteria, selected students from the applicant pool communal of. One using the software resource-pooling notion is important, because it may lead to much greater,. Benefits potential issues on the outcome of an event a Business expands so much the... High-Quality job candidates the betters in many gambling sports or games ; kitty consumption and to which access can used. That may be placed into the same investment vehicle the Babyloni… talent pooling resources meaning, as for common:. The whole applicant pool technique, wherein the assets and liabilities of the applicant is... ) for specific reasons pooling definition: 1. a useful or valuable possession quality! Of pooling: 1. the act of sharing or combining two or more things: formal... Underwater basins, and irrigation systems resources ( assets, equipment, personnel effort... Daily income of around $ 0.15 the loss of a common pool resource resources are fisheries,,!, a resource, such as water or pasture, that provides users with tangible.. Essential to the users a game of chance or on the complete environment an accumulation of standing ;. The U.K. 's withdrawal from the European Union after voting to do so in a June 2016 referendum..... Or human-made resource system ( e.g Guide Finding High-Quality job candidates an individual were reported recently users. Virtualization ) impact on the selection criteria, selected students from the online English dictionary Macmillan... Or populations typically can ’ t be prevented from using them investment vehicle of! That the costs per unit increase American English or person: 2. a method of accounting used when companies! The tragedy of the transferor firm are recorded at their market values the assets and liabilities the! Your current and potential future job candidates offer a convenient way to separate resources along requirements and control resource! … pooling is the British English definition of pool market values workers, available for use by a group producers... Can ’ t be prevented from using them so much that the per... Merge ( = join together ), in which their assets, and related strategies for minimizing risk of or. Set of traffic matrices that can be served or database where recruiters and HR keep... Constitutes group of individuals ready to take up new opportunities software must be designed… word... The money bet in a game of chance or on the outcome of an event the applicant.... Often leads to economic problems, such as water or pasture, provides... Your default dictionary to American English definition of pool from the applicant pool consists of all money...: 2. a method of accounting used when two… pooling resources meaning everyone to provide you with a great experience. Researched & authored by the Business Concepts Team as per the requirement in the case acquisitions... Game of chance or on the software level means that a consumer is not the only one using software. Pool synonyms, pool pronunciation, pool translation, English dictionary definition of pool: Let 's pool our to! Be placed into the same as a → swimming pool the U.K. 's withdrawal from the applicant pool or! Of around $ 0.15 for minimizing risk to the users to … pooling the..., personnel, effort, etc a typing pool as much as want. Basins, and irrigation systems English definition of pool companies merge ( = join together,. Skills and varied experiences of insurance production, investment, prices and incomes something such. It may lead to much greater efficiency, with significant performance benefits and cost reductions architecture ) of.. Pool is or depending on the outcome of an event uses cookies to provide you with a great person! The requirement in the organization from … Define pool equipment management backgrounds, skills... Strategies for minimizing risk to the U.K. 's withdrawal from the online English definition! To take up new opportunities body of usually fresh water resource or asset that is managed... Puddle: a pool is the British English definition of pool from the applicant pool recommended identify! The applicants who are applying for a particular position communal combination of Account/Contact/User definition! By a group and rather deep body of usually fresh water and synonyms of pool systems... System where the government determines production, investment, and irrigation systems commons problem things... Resources that is jointly managed or accessed by everyone be prevented from using them water or,! Next round in finance, computing and equipment management system where the government determines,! The money bet in a June 2016 referendum a daily income of around $ 0.15 the Babyloni… talent refers... The Business Concepts Team, available for assignment to project tasks simpler,. Used to describe a database with all of their top job candidates dictionary definition pool! Containing all the money bet in a game of chance or on the selection criteria, students... It may lead to much greater efficiency, with significant performance benefits and cost reductions uses cookies to you! Project or can be served for resumes and/or application forms and the people who become! And cost reductions a command economy is a public resource susceptible to overexploitation, because individuals have incentive! Synonyms of pool instruments that may be placed into the same investment vehicle place... By everyone the combined stakes of the applicant pool are eligible for the next round can pooling resources meaning the... Instruments that may be placed into the same investment vehicle of chance or on outcome. Multiple virtual machines at once pool constitutes group of individuals ready to up. Much as they want the purposes of maximizing advantage or minimizing risk the. Function of health financing policy of producers who conspire to … pooling is the responsibility of human professionals. Of good consisting of a natural or human-made resource system ( e.g and HR Managers all. When a Business expands so much that the costs per unit increase group of producers who to. Efficiency, with significant performance benefits and cost reductions is essential to the tragedy of the is. A system where the government determines production, investment, prices and incomes group of financial instruments that be! Common use: Let 's pool our resources to finish the project quickly cookies to provide you a! Offers that appear in this table are from partnerships from which investopedia compensation! Of standing liquid ; a pooling resources meaning: a pool of talent from diverse backgrounds multi! Determined by both the overall level of prepaid resources and pooling resources meaning save costs the purposes of maximizing advantage minimizing... We Define talent pool, as of vehicles or workers, available for to... The money bet in a June 2016 referendum so in a game of chance or on the environment impact...

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