scrip

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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
References in periodicals archive ?
As for tips, consumers should consider discounted gift cards; realize general-purpose gift cards are costly; scour their drawers for buried gift card treasure; not pay for shipping; watch out for blurred lines; beware faux gift cards; understand that mobile is hot, but still not ready for prime time; and purchase gift cards with rewards.
Under these revenue deferral provisions, there may be times when the taxpayer may not recognize income in its financial statements from the sale of gift cards redeemed by an unrelated entity.
Home improvement store gift cards are also a popular choice for wedding gifts, with 28.
I have occasionally taken my gift card and run, but most of the time, I shop.
2011-17 provides a safe-harbor method of accounting for the treatment of gift cards issued to customers in exchange for returned merchandise.
We are looking forward to growing our brand by using the online gift cards CashStar offers and also plan to utilize the company's online marketing features sometime in the near future.
The thieves compromised about 100 prepaid card accounts and may have gained access to over a million Social Security numbers, leading the bank to recall and destroy the gift cards involved and offer free credit report monitoring to the people whose Social Security numbers were potentially compromised.
Managing gift cards internally with the Postilion Card Issuer solution makes sense from both an economic and a business perspective for organizations where gift cards make up a strategic part of their customer offering.
com is a full-service solution from Smart Transaction Systems that allows small businesses to sell gift cards online without the overhead of launching and managing an e-commerce site.
The participating restaurants remit the proceeds of all gift cards sold to them by the taxpayer, honor the cards when presented, and then present the taxpayer with the cards, which are exchanged for cash.