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scrip
1 [skrip]
| 1. | a receipt, certificate, list, or similar brief piece of writing. |
| 2. | a scrap of paper. |
| 3. | Finance.
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| 4. | paper currency in denominations of less than one dollar, formerly issued in the United States. |
1610–20; earliest sense “scrap of paper” perh. gradational var. of scrap 1 ; subsequent sense development shows influence of script and subscription, with def. 3a specifically a shortening of subscription receipt

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Based on the Random House Dictionary, © Random House, Inc. 2009.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Scrip
Scrip\, n. [From script.]1. A small writing, certificate, or schedule; a piece of paper containing a writing. Call them generally, man by man, according to the scrip. --Shak. Bills of exchange can not pay our debts abroad, till scrips of paper can be made current coin. --Locke. 2. 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. 3. Paper fractional currency. [Colloq.U.S.]Cite This Source
scrip
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Scrip
1. A written document that acknowledges a debt.
2. A temporary document representing a fraction of a share resulting from a split or spin-off. Scrips may be applied to the purchase of full shares.
Investopedia Commentary
Historically, companies short of cash have paid scrip dividends instead of cash dividends.
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Understanding Stock Splits
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scrip
- A certificate that can be exchanged for a fractional share of stock. Scrip is distributed as the result of a spinoff, a stock dividend, or a stock split in which the stockholder would be entitled to a fractional share of stock. For example, the owner of a single share would receive scrip for one-half a share in the event the issuer declared a three-for-two stock split.
Copyright © 2003. Published by Houghton Mifflin.
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Scrip
a small bag or wallet usually fastened to the girdle (1 Sam. 17:40); "a shepherd's bag." In the New Testament it is the rendering of Gr. pera, which was a bag carried by travellers and shepherds, generally made of skin (Matt. 10:10; Mark 6:8; Luke 9:3; 10:4). The name "scrip" is meant to denote that the bag was intended to hold scraps, fragments, as if scraped off from larger articles, trifles.
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