Pooled money is a term used to describe money that has been collected from multiple sources and put into a single fund. This fund can then be used for a variety of purposes, such as investments, charitable donations, or other financial activities. The term 'pooled money' is often used in the context of a KITTY, which is a pool of money collected from a group of people for a specific purpose. A KITTY can be used to pay for shared expenses, such as a group vacation or a party.