blind pool definition

  • noun:
    • A start-up company that sells stock in a public providing without specifying how the people' money may be invested.
    • Collective financial investment (like an organization or syndicate) where people have little or no clue understanding being carried out.
    • A start-up organization that offers stock in a public providing without specifying the way the investors' money will likely be invested.
    • Collective investment (eg a company or syndicate) in which the investors have little or no idea what exactly is being carried out.
65 votes

How would you define blind pool?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!