Cite
 

Meaning of dollar averaging

dol'lar av"eraging

Pronunciation: [key]
  1. 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
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.