income stock

income stock definition - finance
A stock that produces income through the payment of dividends. It contrasts with a growth stock, which typically doesnÂ’t pay dividends. Instead the would-be dividends of a growth stock are reinvested in the company to help it to grow faster.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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