Tuesday, 27 August 2013


Today's word: BLIND POOL
Theme for this fortnight: REAL ESTATE

             A limited partnership or stock offering with no stated investment goal for the funds that are raised from investors. In a blind pool, money is raised from investors, usually trading on the name of a particular individual or firm, but few restrictions or safeguards are in place for investor security. May also be called "blank check underwriting" or a "blank check offering".


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