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accounting system vs pooling of interest

pooling of interest vs accounting system

accounting system and pooling of interest both are nouns.

Word NounAdjectiveVerbAdverb
accounting system Yes No No No
pooling of interest Yes No No No
As nouns, pooling of interest is a hyponym of accounting system; that is, pooling of interest is a word with a more specific, narrower meaning than accounting system:
  • accounting system: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • pooling of interest: an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
accounting system (noun) pooling of interest (noun)
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
Difference between accounting system and pooling of interest

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