Commitment and Pool

noun

• The trait of sincere and steadfast fixity of purpose.
  • usage: "a man of energy and commitment"
  • synonyms: committedness
• The act of binding yourself (intellectually or emotionally) to a course of action.
  • usage: "his long commitment to public service"; "they felt no loyalty to a losing team"
  • synonyms: allegiance, loyalty, dedication
• An engagement by contract involving financial obligation.
  • usage: "his business commitments took him to London"
• A message that makes a pledge.
  • synonyms: dedication
• The official act of consigning a person to confinement (as in a prison or mental hospital. ).
  • synonyms: committal, consignment

• (n.) The act of referring or intrusting to a committee for consideration and report; as, the commitment of a petition or a bill.
• (n.) The act of committing or putting in charge, keeping or trust; consignment; especially, the act of committing to prison.
• (n.) A doing or perpetration, in a bad sense, as of a crime or blunder; commission.
• (n.) A warrant or order for the imprisonment of a person; -- more frequently termed a mittimus.
• (n.) The act of pledging or engaging; the act of exposing, endangering or compromising; also, the state of being pledged or engaged.

Commitment is a promise by a lender to make a loan on specific terms or conditions to a borrower or builder. A promise by an investor to purchase mortgages from a lender with specific terms or conditions. An agreement, often in writing, between a lender and a borrower to loan money at a future date subject to the completion of paper work or compliance with stated conditions.

noun

• An excavation that is (usually) filled with water.
• A small lake.
  • usage: "the pond was too small for sailing"
  • synonyms: pond
• An organization of people or resources that can be shared.
  • usage: "a car pool"; "a secretarial pool"; "when he was first hired he was assigned to the pool"
• An association of companies for some definite purpose.
  • synonyms: consortium, syndicate
• Any communal combination of funds.
  • usage: "everyone contributed to the pool"
• A small body of standing water (rainwater) or other liquid.
  • usage: "there were puddles of muddy water in the road after the rain"; "the body lay in a pool of blood"
  • synonyms: puddle
• The combined stakes of the betters.
  • synonyms: kitty
• Something resembling a pool of liquid.
  • usage: "he stood in a pool of light"; "his chair sat in a puddle of books and magazines"
  • synonyms: puddle
• Any of various games played on a pool table having 6 pockets.
  • synonyms: pocket billiards

verb

• Combine into a common fund.
  • usage: "We pooled resources"
• Join or form a pool of people. .

• (n.) A combination of persons contributing money to be used for the purpose of increasing or depressing the market price of stocks, grain or other commodities; also, the aggregate of the sums so contributed; as, the pool took all the wheat offered below the limit; he put $10,000 into the pool.
• (n.) A small and rather deep collection of (usually) fresh water, as one supplied by a spring or occurring in the course of a stream; a reservoir for water; as, the pools of Solomon.
• (n.) A small body of standing or stagnant water; a puddle.
• (n.) Any gambling or commercial venture in which several persons join.
• (n.) In rifle shooting, a contest in which each competitor pays a certain sum for every shot he makes, the net proceeds being divided among the winners.
• (v.i.) To combine or contribute with others, as for a commercial, speculative or gambling transaction.
• (v.t.) To put together; to contribute to a common fund, on the basis of a mutual division of profits or losses; to make a common interest of; as, the companies pooled their traffic.
• (n.) A mutual arrangement between competing lines, by which the receipts of all are aggregated, and then distributed pro rata according to agreement.
• (n.) A game at billiards, in which each of the players stakes a certain sum, the winner taking the whole; also, in public billiard rooms, a game in which the loser pays the entrance fee for all who engage in the game; a game of skill in pocketing the balls on a pool table.
• (n.) The stake played for in certain games of cards, billiards, etc.; an aggregated stake to which each player has contributed a snare; also, the receptacle for the stakes.
• (n.) An aggregation of properties or rights, belonging to different people in a community, in a common fund, to be charged with common liabilities.

Is: 1. A group of people organized for a specific purpose or any communal combination of funds; 2. In capital budgeting, the concept that investment projects are financed out of a' POOL' of bonds, preferred stock, and common stock, and a weighted-average cost; 3. In insurance, a group of insurers who share premiums; and 4. In investments, the combination of funds for the benefit of a common project, or a group of investors who use their combined influence to manipulate prices.

(DoD) Any combination of resources which serves a common purpose.
(DoD) Maintenance and control of a supply of resources or personnel upon which other activities may draw. The primary purpose of a pool is to promote maximum efficiency of use of the pooled resources or personnel, e.g., a petroleum pool or a labor and equipment pool.