scrip

[skrip]

scrip Definition

• 1. a certificate or receipt for a sum of money or for goods deposited in a warehouse
• 2. a provisional certificate entitling the bearer to acquire a share certificate

Using scrip: Examples

Take a moment to familiarize yourself with how "scrip" can be used in various situations through the following examples!

• Example

  The company issued scrip to its employees instead of cash.

• Example

  The bank gave him a scrip for his deposit.

• Example

  He received a scrip for 100 shares of stock.

scrip Synonyms and Antonyms

Synonyms for scrip

• voucher
• certificate
• receipt
• IOU

Phrases with scrip

• scrip dividend

  a dividend paid by a company in the form of additional shares rather than cash

  Example

  The company announced that it would pay a scrip dividend to its shareholders.

• scrip issue

  the distribution of new shares to existing shareholders in proportion to their current holdings

  Example

  The company's board of directors approved a scrip issue to raise additional capital.

• scrip bid

  an offer to purchase a company's shares using a combination of cash and scrip

  Example

  The company received a scrip bid from a competitor.

Origins of scrip

from Old English 'scrifan', meaning 'to write'

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Summary: scrip in Brief

'Scrip' [skrip] refers to a certificate or receipt for money or goods, or a provisional certificate for acquiring a share certificate. Examples include 'The company issued scrip to its employees instead of cash.' and 'He received a scrip for 100 shares of stock.' Phrases like 'scrip dividend' and 'scrip issue' denote specific financial actions.