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pound cost averaging |
Also found in: Hutchinson | 0.03 sec. |
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pound cost averaging n (Economics, Accounting & Finance / Stock Exchange) 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 How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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