| 单词 | pound |
| 释义 | pound pound1. (GBP) The standard monetary unit of the UK, divided into 100 pence. It dates back to the 8th century ad when Offa, King of Mercia, coined 240 pennyweights of silver from 1 pound of silver. When sterling was decimalized in 1971 it was divided into 100 newly defined pence. The pound is also the currency unit of the Falkland Islands, Gibraltar, the Channel Islands, and the Isle of Man. See alsopunt. pound cost averaging A method of accumulating capital by investing a fixed sum of money in a particular share every month (or other period). When prices fall the fixed sum will buy correspondingly more shares and when prices rise fewer shares are bought. The result is that the average purchase price over a period is lower than the arithmetic average of the market prices at each purchase date (because more shares are bought at lower prices and fewer at higher prices). |
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英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。