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contractual plan

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Contractual plan
A plan in which fixed dollar amounts of mutual fund shares are purchased through periodic investments, usually featuring some sort of additional incentive for the fixed period payments.
contractual plan
A program in which an investor in a mutual fund agrees to invest a fixed amount of money at regular intervals in accumulating shares. For example, an individual may contract to invest $100 per month with a selected fund regardless of what the market does or at what price the fund's shares sell throughout the period. See also dollar-cost averaging, load spread option.
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The Symantec Elite Program is an easy-to-use contractual plan enabling larger companies to leverage their volume purchasing power to achieve greater value from their software license purchases.
Symantec Launches New Software License Program; Provides Companies a ... by Business Wire
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