Meaning of AVERAGE PRICE PER SHARE in English

AVERAGE PRICE PER SHARE

Most popular method of paying taxes on mutual fund sales, in which you calculate gains or losses by first figuring an average cost per share. You calculate the total cost of all the fund shares you own and divide that by the number of shares you own.

Mutual Fund English Glossary.      Английский глоссарий взаимных и инвестиционных фондов.