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scrip - 13 dictionary results

scrip

1[skrip]
–noun
1. a receipt, certificate, list, or similar brief piece of writing.
2. a scrap of paper.
3. Finance.
a. a certificate representing a fraction of a share of stock.
b. a certificate to be exchanged for goods, as at a company store.
c. a certificate indicating the right of the holder to receive payment later in the form of cash, goods, or land.
4. paper currency in denominations of less than one dollar, formerly issued in the United States.

Origin:
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


scripless, adjective

scrip

2[skrip]
–noun Archaic.
a bag or wallet carried by wayfarers.

Origin:
1250–1300; ME scrippe < ML scrippum pilgrim's pack < ?

scrip

3[skrip]
–noun Informal.
a prescription, as for a drug.

Origin:
1965–70; shortening of prescription
scrip 1   (skrĭp)   
n.  
  1. Paper money issued for temporary emergency use.
  2. A small scrap of paper, especially with a short list or schedule written on it.

[Perhaps alteration of script.]
scrip 2   (skrĭp)   
n.  
  1. A provisional certificate entitling the holder to a fractional share of stock or of other jointly owned property.
  2. Such certificates considered as a group.

[Short for subscription receipt, receipt for a portion of a loan.]
scrip 3   (skrĭp)   
n.   Archaic
A wallet, small satchel, or bag.

[Middle English scrippe.]

Scrip

Scrip\, n. [OE. scrippe, probably of Scand. origin; cf. Icel. & OSw. skreppa, and also LL. scrippum, OF. esquerpe, escrepe, F. ['e]charpe scarf. Cf. Scarp, Scarf a piece of dress.] A small bag; a wallet; a satchel. [Archaic] --Chaucer.

And in requital ope his leathern scrip. --Milton.

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.]

scrip 
"a certificate of a right to receive something (esp. a stock share)," 1762, probably shortened from (sub)scrip(tion) receipt. Originally "receipt for a portion of a loan subscribed," meaning "certificate issued as currency" first recorded 1790.

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.

Related Links

Understanding Stock Splits

See also: Dividend, Spin-off, Split


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.


Main Entry: scrip
Pronunciation: 'skrip
Function: noun
: PRESCRIPTION 1

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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