dividend reinvestment plan
noun[C]
ukus(abbreviationDRIP)FINANCE
aformofinvestmentin which the investor'sdividendsare used tobuymoresharesin thecompany,ratherthan beingpaidascash:
The Company has a Dividend Reinvestment Plan whichallowsshareholdersto reinvesttheirdividendsthrough aspeciallyarrangedsharedealingservice.