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词汇 pound-cost averaging
释义

Definition of pound-cost averaging in English:

pound-cost averaging

noun
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.

Origin

1960s; earliest use found in The Times.

Definition of pound-cost averaging in US English:

pound-cost averaging

noun
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.

Origin

1960s; earliest use found in The Times.

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