Reinvestment refers to the process of using money or other resources that have been earned, generated or saved in one area or activity and putting it back into another area or activity. This can be done intentionally as a way to grow an investment, business or asset by directing additional funds towards its development, expansion or improvement. Reinvestment is often used strategically to increase returns, generate more income, or expand opportunities for future growth. It can also refer to the act of putting money back into a community or economy through local spending and purchasing, which helps to create jobs, stimulate economic activity and improve overall well-being.