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DRIP
Dividend Reinvestment Plan. Divendends from a company are direcly reinvested back in new shares, increasing the shareholder's holdings. The purchase is commission-free and often with a discount on current share price.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Stocks & securities
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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