direct stock purchase plan

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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.

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Direct Investment

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).

Direct investment. (Ask B.E.) by Scott, Matthew S. / Black Enterprise

For free enrollment forms and prospectus information of participating firms, call the Direct Stock Purchase Plan Clearinghouse at 1-800-774-4117.

BUYING INTO COMPANY; DIRECT STOCK PURCHASING ON THE RISE by Daily News (Los Angeles, CA)

Dividend Reinvestment and Direct Stock Purchase Plan

Coastal Financial Corporation Announces Fiscal 2007 First Quarter ... by Business Wire

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