Accrued Revenue
You sold guns to Somalian warlords. You figured the cash you earned would literally pay for your sins in Hell. The warlords haven't yet paid you for those guns. They've promised to, uh..."raise" the dough at sea as soon as tourist season comes along.
The revenue that you're owed from the sales of those guns to the warlords is an accrued revenue––you have not yet billed them for the money, in part because you felt this was just rude, and with all the guns you've sold them, you really don't want to upset them.
The contract was signed, the revenues have been deemed to have been earned, and everything is final. You have great confidence that they will, in fact, pay after tourist season passes, and plan to bill them net thirty when that blessed time comes along. You muse the opening of the bill as "please allow me to introduce myself..."
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Finance: What is pooling: investment/int...3 Views
Finance allah shmoop what is pooling Well it's aggregating no
no aggregating yeah Throwing in cash together partnering pooling interests
in an investment simply refers to two or more players
getting together to invest their money in whatever form mutual
funds are are pooled investment So our index funds hedge
fund bond funds etfs reads mlps any uh pretty much
and well every other investment vehicle that can scale to
allow for two or twenty or two million investors to
all come together and invest well Why would people want
to do this scale or rather synergies of costs from
scale Whether you have one investor or ten thousand you
need to file papers and there are usually pretty much
always lawyers involved and accountants and other wall street gum
sucking gadflies and the marginal additional cost of servicing ten
thousand pooled investors is only somewhat more than servicing won
So in many cases pooling makes a lot of sense
when investors interests are generally aligned and when they're not 00:01:07.229 --> [endTime] around there's trouble
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