pound-cost averaging
British Stock Market
noun
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.
Origin
1960s; earliest use found in The Times.
- metabolism
- Metabolist
- metabolite
- metabolizability
- metabolizable
- metabolize
- metabolizer
- metabolome
- metabolomic
- metabolomics
- metabolon
- metabolous
- metaboly
- metaborate
- metaboric acid
- metabotropic
- metabranchial
- metacarpal
- metacarpophalangeal
- metacarpus
- metacenter
- metacentre
- metacentric
- metacercaria
- metacercarial