Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

DRIP

Read a random definition: actual abandonment

A quick definition of DRIP:

Term: DRIP

Definition: DRIP stands for Dividend-Reinvestment Plan. It's a way for people who own stocks to automatically use the money they get from dividends to buy more shares of the same stock. This helps them grow their investment over time without having to do anything extra.

A more thorough explanation:

Definition: DRIP is an abbreviation for Dividend-Reinvestment Plan. It is a program offered by some companies that allows investors to automatically reinvest their dividends into additional shares of the company's stock.

Example: Let's say you own 100 shares of XYZ Company, and they pay a quarterly dividend of $0.50 per share. With a DRIP, instead of receiving a cash payment of $50, you would automatically reinvest that money into additional shares of XYZ Company. So, if the current stock price is $10 per share, you would receive 5 additional shares of XYZ Company.

This example illustrates how a DRIP works by showing how an investor can use their dividends to purchase more shares of a company's stock, which can help to increase their overall investment over time.

drinking shop | drip rights

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.