average cost

average cost definition - finance
  1. The average cost of shares of a stock or mutual fund that were bought at different prices over a period of time.
  2. In a manufacturing context, the total amount of costs divided by the number of units produced.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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