pound cost averaging

World English Dictionary
pound cost averaging
 
n
stock exchange a method of accumulating capital by investing a fixed sum in a particular security at regular intervals, in order to achieve an average purchase price below the arithmetic average of the market prices on the purchase dates

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Explore Dictionary.com
Previous Definition: pound cake
Next Definition: pound down
More from Thesaurus.com
Synonyms and Antonyms for pound cost averaging
More from Reference.com
Search for articles containing pound cost averaging
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature