Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
Sound
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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.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
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.
