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scrip
(redirected from scrip issue)

   Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.01 sec.
scrip, temporary substitute for money, securities, or other valuable claims. Business enterprises and municipalities have at times, especially when short of cash, paid employees in scrip, and communities have facilitated trade by using it. Various devices have made it acceptable, e.g., a store that would receive it in exchange for goods. The term scrip has also been applied to money of fractional denominations, and to gift certificates and the like that can be used to pay for purchases from stores, restaurants, and other businesses.
scrip, script
Informal a medical prescription


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Scrip issue A scrip issue (also known as a bonus issue or capitalisation issue) is similar to the rights issue in the sense that a company issues new shares to its existing shareholders.
Pernod Ricard's last scrip issue, with a 1:5 ratio, was made in July 1994.
 
 
 
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