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Dictionary


dol'lar av"eraging




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. Also called dol'lar cost" av"eraging.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

dollar-averagedollar-a-year man

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