blind pool

noun

Collective investment (such as a company or syndicate) where the investors have little or no idea what is being done.

Meanings

nounblind pool (plural blind pools)

plural blind pools

  1. businessCollective investment (such as a company or syndicate) where the investors have little or no idea what is being done.

    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.

    1985, Richard L. Stern, Lisa Gubernic, “The Smarter They Are, The Harder They Fall”, in Forbes, archived from the original on 10 Sep 2005, 05.20.85
Cite this entry
APA

blind pool. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/blind%20pool

MLA

“blind pool.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/blind%20pool. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “blind pool,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/blind%20pool.

Source: blind pool on Wiktionary, CC BY-SA 4.0.