Meaning of the word reinvest in English

What does reinvest mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

reinvest

US /ˌriː.ɪnˈvest/
UK /ˌriːɪnˈvest/

Verb

to invest money that you have gained as profit or interest from an earlier investment

Example:
They decided to reinvest all their profits back into the company.
You can choose to reinvest your dividends or receive them as cash.