Meaning Of The Word Pound cost averaging
What's the definition of Pound cost averaging? Find Pound cost averaging meanings, definitions and more at the Real Dictionary online.
Pound cost averaging Meaning
| Pound cost averaging Definition |
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What's The Definition Of Pound cost averaging?
pound cost averaging in British English
noun: 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 |
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