average up
The phrase "average up" is used in both financial contexts and general calculations, often involving the inclusion of higher values to determine a new average.
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Definition
C1Finance
(investment, strategy)To buy additional shares or units of a security at a higher price, increasing the average cost of the total holding.
Example
- The investor decided to average up, buying more shares as the stock price increased.
B2General
(calculation, mathematics)To compute a new average by incorporating higher values into a data set.
Example
- After receiving the new data, they had to average up the monthly expenses.
Similar
Terms that have similar or relatively close meanings to "average up":
on averageround uprounded upadd upage upmean standardeven upabove parprice up