Definitions for "Dollar-cost Averaging"
An investment method in which you put the same amount of money into an investment at regular intervals, such as every month. As the market fluctuates, you end up buying more shares when prices are low and fewer shares when prices are high. This way, you don't have to track the market and time your purchases (that is, buy low, sell high).
On a regular basis, investing a fixed amount in a security over a period of time.
a system of investing a fixed sum at regular intervals in stocks or mutual funds. Acquiring more shares at lower prices and fewer shares at higher prices helps minimize your market risks.