Meaning of COLLATERAL POOLING SYSTEM in English
- COLLATERAL POOLING SYSTEM
A central bank system for managing collateral, in which counterparties open a pool account to deposit assets in order to collateralise their transactions with the central bank. A pooling system differs from an earmarking system in that the underlying assets are not earmarked for individual transactions.
European Central Bank English Glossary. Английский глоссарий Европейского Центрального Банка. 2012