noun
- plural of scrip: certificates or receipts showing that the holder is entitled to receive something (such as a fractional share of stock)
- plural of scrip: paper money issued for temporary use in place of standard currency
Usage: finance
Usage: historical; finance
Examples
- The company issued scrips to shareholders instead of cash dividends.
- During the Depression, some towns used scrips as local currency.
- Investors received scrips for their fractional stock holdings.
- The mining company paid workers with scrips redeemable at the company store.
- These scrips can be exchanged for actual shares once the merger is complete.
- Historical scrips from the Civil War era are now valuable collectibles.