direct purchase

Direct Investment

The act or practice of buying stock in a publicly-traded company without using a broker as an intermediary. Perhaps the most common means of direct investment is dividend reinvestment, which is the act of using one's dividends to buy more shares in the same company. Some companies also offer plans called direct purchase plans, which allow investors to bypass their broker. However, direct purchase plans are rather illiquid (it is difficult to sell one's shares without a broker), and are therefore bought for long-term investing.

direct purchase

To buy shares of a mutual fund directly from the fund rather than from an intermediary such as a broker or financial planner. Mutual funds that sell directly to investors do not have sales personnel and generally charge no sales fee or a relatively small sales fee.
References in periodicals archive ?
the native imaging device is purchased either as a direct purchase (procurement option 1) or service lease (acquisition option 2).
Direct purchase refers to buying goods from foreign websites as they are cheaper, South Korean News Agency (Yonhap) reported.
"As of now, it is a 36 aircraft direct purchase so it is nothing like manufacturing, so that is the reason we are not much interested.
MannKind (MNKD) up 4.5% after disclosing direct purchase insulin program for Afrezza...
Tio was accused of violating Section 3(e) of Republic Act 3019 or the Anti-Graft and Corrupt Practices Act for giving unwarranted benefits and preference to his daughter Margaret Tio's gas station - Automate Gasoline Station, by allowing the direct purchase of gasoline on several occasions in the total amount of P305,841.43.
Abdulaziz Shuaib, Assistant Undersecretary for Cooperative Affairs, the major fines were the cooperative societies' non-compliance with direct purchase, dealing with middle companies and expired goods.
TD Bank a $61.1 million tax-exempt direct purchase bond deal with Saint Anselm College in Manchester.
He added that Food Department has established 10 wheat procurement centers in Sialkot district's all the four Sialkot, Daska, Sambrial and Pasrur tehsils for facilitating the local wheat growers by ensuring the direct purchase of wheat from the growers besides curbing the menace of the middlemen and dealers.
Traders said the call for cargoes went only to the companies holding the swap contracts, dubbed direct sale, direct purchase agreements (DSDP).
The ministers after having discussed the matter with Health minister Dr Rajitha Senarathna over the phone agreed to submit a joint Cabinet proposal to reach a tripartite agreement with ministry health for the direct purchase of Soya bean from the farmers in the Mahaweli H Zone.
Retail space across the UAE, the wider Arab Gulf region and in other parts of the world will be available for direct purchase at this year's show to be held from April 11 to April 13 at the Dubai World Trade Centre, the organisers said in an emailed statement.
- Focusing on "Integration of Cross-border E-commerce Import Supply Chain" and "Greenland Direct Purchase"