monthly investment plan

monthly investment plan definition - business

monthly investment plan

An arrangement in which an investor contributes a fixed number of dollars into an investment, most likely a mutual fund, each month. See also dollar-cost averaging.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.