Monthly Investment Plan

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Definition: Monthly Investment Plan

Monthly Investment Plan

Quick Summary of Monthly Investment Plan

Type of investment plan that requires an investor to deposit a specific amount of money on a monthly basis to be invested. Monthly investment plans are beneficial to individuals seeking to invest, but not wanting to invest a lump sum of money at one time. Monthly investment plans have been around since 1954 and have grown in popularity as more investors seek to purchase securities for a fixed price and at regular intervals.

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Synonyms For Monthly Investment Plan

MIP

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Definition Sources

Definitions for Monthly Investment Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.