A DRIP Is One Form of Dollar Cost Averaging

question 58

True/False

A DRIP is one form of dollar cost averaging.

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Definitions:

Executive Administrative Agency

A government agency under the direct authority of the executive branch, responsible for implementing and enforcing laws and regulations.

Independent Agencies

Agencies of the United States federal government that are created by an act of Congress and are independent of the executive departments.

Executive Agencies

Bodies of the government responsible for the oversight and administration of specific functions, operating under the executive branch.

Fixed Terms

A defined period for a contract or agreement, specifying the start and end dates, after which the contract may need to be renewed or will automatically terminate.