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pooling of interest vs accounting

accounting vs pooling of interest

pooling of interest and accounting both are nouns.

Word NounAdjectiveVerbAdverb
pooling of interest Yes No No No
accounting Yes No No No
As nouns, accounting is a hypernym of pooling of interest; that is, accounting is a word with a broader meaning than pooling of interest:
  • 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: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Other hypernyms of pooling of interest include accounting system, method of accounting.
pooling of interest (noun) accounting (noun)
an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free the occupation of maintaining and auditing records and preparing financial reports for a business
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between pooling of interest and accounting

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