dividend reinvestment plan
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)