What context can I use each word in?
Learn when and how to use these words with these examples!
pooling
Example
The company is pooling its resources to invest in a new project. [pooling: verb]
Example
The researchers are pooling their data to analyze the results. [pooling: present participle]
consolidation
Example
The two companies announced their consolidation to form a new corporation. [consolidation: noun]
Example
The manager suggested consolidating the departments to reduce costs. [consolidating: gerund or present participle]
Good things to know
Which word is more common?
Consolidation is more commonly used than pooling in business and finance contexts. Consolidation is often used to describe mergers and acquisitions, while pooling is used more broadly to describe the sharing and collaboration of resources or information.
What’s the difference in the tone of formality between pooling and consolidation?
Both pooling and consolidation can be used in formal and informal contexts, but consolidation may have a more formal connotation due to its association with business and finance.
