1. a certificate or receipt, especially one that can be exchanged for goods or services
Usage: formal; business
2. temporary paper money issued by a company or organization
Usage: historical; economics
3. a small bag or pouch, especially one carried by a pilgrim or beggar
Usage: archaic

Examples

• The company issued scrip to employees instead of cash bonuses.
• During the Depression, some towns used scrip as local currency.
• She received scrip that could be redeemed at the company store.
• The mining company paid workers partly in scrip.
• The medieval pilgrim carried his belongings in a leather scrip.
• Shareholders received scrip dividends instead of cash payments.