Embodiments of the invention provide for user permissions based control of pooled FoD activation keys. In an embodiment of the invention, a method for user permissions based control of pooled FoD activation keys is provided. The method includes pooling one or more authorization codes for access by different end users in activating different features of a set of hardware components using FoD. The method also includes responding to an FoD request to activate one of the features by a particular one of the end users by determining whether or not a pre-defined code usage policy permits the particular one of the end users to use a pooled one of the authorization codes and if permitted according to the pre-defined code usage policy, generating an FoD activation key with the pooled one of the authorization codes and activating the one of the features with the FoD activation key.