What is the meaning of Constant-dollar plan?

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Method of purchasing securities by investing a fixed amount of money at set intervals. The investor buys more shares when the price is low and fewer shares when the price is high, thus reducing the average cost.

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APABarry Goldsmith. (2010). Constant-dollar plan. Retrieved September 20, 2026, from http://smartdefine.org/constant-dollar_plan/definitions/1150568
ChicagoBarry Goldsmith. 2010. "Constant-dollar plan" http://smartdefine.org/constant-dollar_plan/definitions/1150568 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, Constant-dollar plan, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/constant-dollar_plan/definitions/1150568>.
MLABarry Goldsmith. "Constant-dollar plan" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/constant-dollar_plan/definitions/1150568>