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dollar averaging

noun
1.
a system of buying securities at regular intervals, using the same amount of cash for each purchase, over a considerable period of time regardless of the prevailing prices of the securities, resulting in having bought the total at an average cost.
Also called dollar cost averaging.
Origin of dollar averaging
1925-1930
1925-30

dollar-average

[dol-er-av-er-ij, -av-rij] /ˈdɒl ərˌæv ər ɪdʒ, -ˌæv rɪdʒ/
verb (used without object), dollar-averaged, dollar-averaging.
1.
to engage in dollar averaging.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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7
9
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