English Explanatory Dictionary

dividend reinvestment plan

English dictionary entry

Meanings

noun
  1. 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.

Word forms

dividend reinvestment plan dividend reinvestment plans

Etymology

From 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.

Synonyms

DRIP dividend reinvestment program

Derived words

DRIP
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