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Over 700 finance terms, Shmooped to perfection.
If you mingle at a party, you’re schmoozing with a bunch of different people. In finance, commingling means schmoozing with a bunch of different accounts, a.k.a. combining different accounts together.
For example, a broker might combine securities owned by the brokerage with ones owned by clients or might combine a whole bunch of individual customer accounts into one fund that works like a mutual fund.