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 ?
Limited Tenders are invited for Direct Purchase Of Contingency
Through this platform, Greenland Group will largely increase the capability of its upstream direct purchase of foreign products, strengthening its overall retail business for imported goods.
The acquisition unites two of Canada's largest suppliers of direct purchase programmes for customised employee workwear.
In Guatemala, the vast majority of state purchases are made by direct purchase or by exception, mocking the principles of fair competition and administrative transparency, reports Elperiodico.
But you can still order it through direct purchase from the vendors.
The Multilingual A CoD P-2/3 can be ordered through a military publications account, a foreign military sales case, or by direct purchase from DLIS.
For others the most feasible option is the more expensive direct purchase.
The Conference Report indicates an interest in a trade or business does not include merely the direct purchase of the assets, but also includes the indirect acquisition of the stock of a corporation engaged in a trade or business.
And when surveyed about potential savings through direct purchase, nearly 70 percent indicated they would buy from the manufacturer.
In addition, an exhibitors showcase will provide attendees with information on direct purchase plans, dividend reinvestment programs, annual reports and further knowledge about the companies' products and services.
The second part of the Direct Purchase Program stems from the value engineering meetings.
Initially, the Virginia Medicaid Direct Purchase program will be limited to the measles, mumps, and rubella vaccine manufactured by Merck & Company.