Direct Purchase Plan (DPP)

Business / Taxes / Direct Purchase Plan (DPP): Some publicly held companies offer a direct purchase plan that lets you purchase their stock directly without using a broker. You may pay a small commission or transaction fee — smaller than if you purchased the shares through a retail broker — although some DPPs charge no fee at all. Direct purchase plans are similar to dividend reinvestment plans, or DRIPs, with the added benefit that you can make the initial purchase of the company’s stock through the plan rather than having to purchase stock first, through a broker, in order to be eligible for a DRIP. It’s easy to open a DPP account, and because it lets you purchase fractional shares of the company’s stock, you can decide whether to invest a lump sum or make small, regular purchases on a set schedule to build your investment. Your shares are registered on the company’s books, and you can sell your shares through the plan as well.

Other Words for Direct

Direct Adjective Synonyms: manage, handle, run, administer, govern, regulate, control, operate, superintend, supervise, command, head up, rule, call the shots
Direct Verb Synonyms: guide, lead, conduct, pilot, steer, show or point (the way), be at the helm, advise, counsel, instruct, mastermind,her, escort
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Other Words for Plan

Plan Noun Synonyms: design, layout, blueprint, scheme, method, procedure, system, arrangement, programme, project, formula, pattern, script, scenario
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Other Words for Purchase

Purchase Verb Synonyms: buy, acquisition
Purchase Noun Synonyms: buy, acquire, procure, obtain, get, secure, pay for
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Planned Capital Expenditure Program

Business / Finance / Planned Capital Expenditure Program: Budgeted or projected outlays for major expenditures on permanent or fixed assets as outlined in the corporate financial plan. MORE

Planned Financing Program

Business / Finance / Planned Financing Program: Budgeted or projected ways need for reasons or to obtain short-term and long-term financing as outlined in the corporate financial plan. MORE

Planned Amortization Class (PAC)

Business / Finance / Planned Amortization Class (PAC): (1) The class of CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO Because of a stable cash flow, it is considered the least risky CMO (2) A CMO bond class tha MORE

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