Would you please tell me what "pool" means below? Thank you.

Australia have finished on top of their pool and will take on the Netherlands in the second round of the men's world teams Squash Championship in the German city of Paderborn.
Teams playing against each other in small group. For example, there are four pools The teams in pool A play against each other as well as the other teams in pool B, C and D. The winner of each pool faces the winners of the other pools until there is only one team left.
I think "Pool" means group in the above context
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I think "Pool" means group in the above context
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