scrip

Found in thesaurus: security, certificate
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Babylon EnglishDownload this dictionary
scrip
n. written document; certificate of stock ownership (Finance); small piece of paper; certificate that can be redeemed for cash or property

English Wikipedia - The Free EncyclopediaDownload this dictionary
Scrip
Scrip (sometimes in India called ) is a term for any substitute for legal tender and is often a form of credit. Scrips have been created for payment of employees under the truck system, and for use in local commerce at times when regular currency was unavailable, for example in remote coal townsmilitary bases, ships on long voyages, or occupied countries in wartime. Besides company scrip, other forms of scrip include land scrip, voucherstoken coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards.

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WordNet 2.0Download this dictionary
scrip

Noun
1. a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency
(hypernym) security, certificate


Webster's Revised Unabridged Dictionary (1913)Download this dictionary
Scrip
(n.)
Paper fractional currency.
  
 
(n.)
A small writing, certificate, or schedule; a piece of paper containing a writing.
  
 
(n.)
A small bag; a wallet; a satchel.
  
 
(n.)
A preliminary certificate of a subscription to the capital of a bank, railroad, or other company, or for a share of other joint property, or a loan, stating the amount of the subscription and the date of the payment of the installments; as, insurance scrip, consol scrip, etc. When all the installments are paid, the scrip is exchanged for a bond share certificate.
  

Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. About
Campbell R. Harvey's Hypertextual Finance GlossaryDownload this dictionary
Scrip
A temporary document which represents a portion of a share of stock, often issued after a stock split or spin-off.