scrip


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Related to scrip: scrip dividend

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 ?
Initially limited to Metis who resided in Manitoba at the time of the transfer of land from the Hudson's Bay Company to Canada, the federal government later expanded the scrip issue to include the original Lord Selkirk settlers and the heads of Metis families, regardless of residence.
The judge noted that the descendants had come forward in good faith to examine and question the events of the surrender, but that the taking of scrip by some, and the surrender of the reserve and pro rata distribution by the others had been carried out, at least on a superficial level, according to valid law at the time.
The Japanese Finance Ministry declared the military scrip worthless after the war in 1945.
However, scrip dividends are controversial because they are not offered to foreign investors, and they are taxed differently from cash dividends for some domestic investors.
The Scrip Award for best technology recognized PPD([R]) 3D, a virtual learning environment PPD created with ProtonMedia to provide a scalable and sustainable global training model.
The United Spirits scrip has gained above 11% since April 15 when Diageo announced the open offer.
ADS holders may wish to consider reclaiming SDRT amounts deducted on previous issues under the Scrip Dividend Programme.
A small network of volunteers provide 20 bags full of groceries to each household in addition to market scrip to buy eggs, milk and other perishable goods.
Quintiles Founder Dennis Gillings, CBE, has received the SCRIP Lifetime Achievement Award and the company he started has been named "CRO of the Year" at the 2012 SCRIP Awards in London.
SEGRO plc (the Company) Scrip Dividend Alternative (the Scrip) On
Healthy buying was observed in healthcare, capital goods, automobile, banking and metal sectors, while selling pressure was seen in consumer durables and oil and gas scrip.