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Dividend reinvestment plan
Meaning
Noun
●
In Finance:
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
.
Sourced from
Wiktionary
Synonyms
Dividend Reinvestment Program
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