English - English
Definition of blind pools in English English dictionary
- plural form of blind pool
- blind pool
- Collective investment (such as a company or syndicate) where the investors have little or no idea what is being done
A Manhattan-based lawyer who is an expert in blind pool stock issues--those with a prospectus that says we don't know what we'll do with your money--notes that one of the better tactics is pinpointing specific groups for the sales pitch.
- blind pool
- A start-up company that sells stock in a public offering without specifying how the investors' money will be spent
Related Terms
blind pools
Turkish pronunciation
blaynd pulzPronunciation
/ˈblīnd ˈpo͞olz/ /ˈblaɪnd ˈpuːlz/
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