dollar averaging
noun
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.
Origin of dollar averaging
1First recorded in 1925–30
- Also called dollar cost averaging.
Words Nearby dollar averaging
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
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