dividend reinvestment plan
English
Etymology
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
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
- DRIP (abbreviation)
- dividend reinvestment program
Derived terms
- DRIP (abbreviation)