Definitions
blind pool Tweet Definition of blind pool Like Definition of blind pool on Facebook
noun 
  1. (finance) Collective investment (such as a company or syndicate) where the investors have little or no idea what is being done.
1985: 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. — w:Forbes, Forbes magazine 05.20.85 http://www.forbes.com/free_forbes/1985/0520/038_2.html

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