dividend reinvestment plan

A stock-purchase program that allows investors to reinvest their dividends, and perhaps convert additional voluntary payments, into shares of the entity’s common stock, usu. with no sales charge, and sometimes at a discount from the stock’s market price.

• Although the investor never receives the cash, it is still treated as income to the investor. An investor may be allowed to make optional cash purchases of additional stock. — Abbr. DRIP; DRP.


专业法律词汇 词条贡献者
法律翻译Cathy,在一家英国银圈所担任专职法律翻译,擅长翻译有关城市基础设施领域的法律文件。
Scroll to Top