In finance, AIP stands for Automatic Investment Plan. It is an investment program that allows investors to contribute money to an investment account at regular intervals to be invested in a pre-set strategy or portfolio. Funds can be automatically deducted from an individuals paycheck or paid out from a personal account. AIPs are designed to help facilitate automatic investment plans and are one of the best ways to save money. There are different types of AIPs, including dividend reinvestment plans, fully automated robo-advisors, and employer-sponsored investment accounts. AIPs work by allowing investors to set up automatic contributions to pre-determined investments on a recurring basis. The benefits of AIPs include disciplined investment to avoid pursuing rises and killing falls, long-term investment with compound interest, automatic implementation, and time-saving. It is important to note that AIP can also refer to Alternative Investment Product Services, which is a standardized, trading and reporting platform that links the alternative investments industry to securely and efficiently exchange data and money.