The phrase "direct purchase" refers to buying something directly from the source or seller without involving any middlemen or intermediaries. Full definition
For direct purchases of stock, you'll pay a transaction fee of $ 5 and a commission of 5 cents per share. (harvestingdividends.com)
Direct purchase plans allow you to buy shares directly from the company without a broker. (aaii.com)
All investments have the potential of loss but mutual funds offer many advantages which are not available with direct purchases of stocks, bonds, precious metals and futures. (stockmonkeys.com)