单词 | pound-cost averaging |
释义 | > as lemmaspound-cost averaging pound-cost averaging n. British Stock Market. the theory that when buying shares in a company for a fixed sum at regular intervals over a period of time, the average price paid for these shares will be lower than the arithmetic average of the market price on the dates of purchase. ΚΠ 1962 Times 29 Dec. 12/1 The ideal way for a prospective investor to build up a holding of equities is to invest a fixed sum of money at regular intervals and so to get the benefit of ‘pound cost averaging’. 1998 E. Bignell Which? Way to save & Invest (ed. 10) xvii. 291 Pound-cost averaging is sometimes cited as being one advantage of a regular savings plan. < as lemmas |
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