dividend reinvestment plan
English
editEtymology
editFrom 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
editdividend 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)