Printer Friendly
The Free Dictionary
1,016,623,185 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

direct stock purchase plan

   Also found in: Acronyms 0.03 sec.
Direct Stock Purchase Plan
A plan in which shares are sold directly to investors, instead of through a broker.

Notes:
A great concept, especially for long term investors, it allows you to make regular purchases and avoid costly broker commissions.

See also: DRIP

direct stock purchase plan
A plan initiated by some firms that permits investors to purchase stock directly from the issuer (thereby avoiding brokerage commissions). Although generally open only to employees and current shareholders, an increasing number of companies allow nonstockholders to make direct purchases.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
A To purchase shares of these companies and many others without using a broker, you must enroll in a direct stock purchase plan or dividend reinvestment plan (DRIP).
For free enrollment forms and prospectus information of participating firms, call the Direct Stock Purchase Plan Clearinghouse at 1-800-774-4117.
Dividend Reinvestment and Direct Stock Purchase Plan
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a. Terms of Use.