dividend reinvestment plan
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English
[edit]
Etymology
[edit]dividend + reinvestment + plan. From being a plan to buy more shares in the company which issued the dividend by using up the dividend, to reinvest in the company.
Noun
[edit]dividend reinvestment plan (plural dividend reinvestment plans)
- (finance) A company-run program, in which for an enrolled shareholder, the program takes the company's stock dividend payout to the investor, to buy more shares in the company's stock.
Synonyms
[edit]- DRIP (abbreviation)
- dividend reinvestment program
Derived terms
[edit]- DRIP (abbreviation)