Scrip

[skrɪp]

Definition

(noun.) a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency.

Checked by Benita--From WordNet

Definition

(n.) A small bag; a wallet; a satchel.

(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.

Typist: Robinson

Synonyms and Synonymous

n. [1]. Wallet, satchel, small bag.[2]. Certificate of stock.

Typed by Elroy

Definition

n. a small bag: a satchel: a pilgrim's pouch: (her.) a bearing representing a pouch.—n. Scrip′page (Shak.) contents of a scrip.

n. that which is written: a piece of paper containing writing: a certificate of stock or shares in any joint-stock company subscribed or allotted.—ns. Scrip′-com′pany a company having shares which pass by delivery; Scrip′-hold′er one whose title to stock is a written certificate.

Checker: Marie