dividend reinvestment plan

Meaning

Noun

• 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.

Related

Similar words

• DRIP
• dividend reinvestment program

Origin

• 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.