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TeachMeFinance.com - explain Combine historic definition...
Combine -- An abbreviation or contraction of the word combination;
it applies to a combination of separate concerns or
interests by an understanding or compact, as a pool (see
Pool), but not by an actual consolidation. To an actual consolidation
when the purpose is to control a particular industry
or business the term trust is generally applied.
The term ring is sometimes mistakenly used in place of
combine ; specifically ring -refers to a clique or coterie of persons
and not to a combination of concerns or interests.
Combine is a newer term than either ring or trust and has
been rather loosely used.
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