(n.) A small writing, certificate, or schedule; a piece of paper containing a writing.
(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.
(n.) Paper fractional currency.
Example Sentences:
(1) During the Great Depression, many towns and cities across the USA issued what would become known as stamp scrip .
(2) Share buybacks could start in the middle of next year as the bank attempts to control the number of shares in issue because 30% of its shareholders, particularly in Hong Kong, receive their dividends in shares (known as a scrip dividend) rather than cash.