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Investing Glossary:
Accumulation
Copyright 2008,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| The first phase of a Bull market. While most investors are discouraged with the market, and Earnings are at their worst, some investors start buying shares. Or, an addition to a Traders position. In the context of corporate finance, refers to profits that are added to the capital Base of the Company rather than paid Out as dividends. See: Accumulated profits tax. In the context of investments, refers to the Purchase by an institutional Broker of a large number of Shares over a period of time in Order to avoid pushing the price of that share up. In the context of mutual funds, refers to the regular investing of a fixed amount while reinvesting dividends and Capital gains.
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