risk pooling
noun
The assumption by multiple parties of collective responsibility for their combined financial risk in order to mitigate each participant's potential loss.
Origin
1950s; earliest use found in Quarterly Journal of Economics.
| 单词 | risk pooling |
| 释义 | risk poolingnoun The assumption by multiple parties of collective responsibility for their combined financial risk in order to mitigate each participant's potential loss. Origin |
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