- 1A provisional certificate of money subscribed to a bank or company, entitling the holder to a formal certificate and dividends.More example sentences
- Once the merger was announced, the scrip registered a slight increase and was trading at 277.80, up by Rs 15, but overall banking scrips were still trading at a low.
- In the process, they end up subverting the insider trading norms by subtly inflating the value of the scrips they've either invested in, have underwritten or are otherwise interested in.
- 1.1 [mass noun] Scrip certificates collectively.More example sentences
- The position differs where the security given by the debtor comprises marketable (viz. negotiable) securities, such as bearer bonds, share warrants, scrip, or exchequer bills.
- Out-of-date share certificates or scrip, as they are collectively called, are a booming brand of collectibles.
- Amateur investors seem to be always wary of pieces of paper, certificates and share scrip.
- 1.2 (also scrip issue or dividend) An issue of additional shares to shareholders in proportion to the shares already held.More example sentences
- A scrip issue is not an issue of shares to raise more capital; it simply gives the shareholder more shares, e.g., 4 for 1.
- The survey registered only active transactions, excluding instances when the insider sold or acquired stock by participating in stock option and scrip dividend schemes.
- For a high-growth company, it said, a scrip dividend is more suitable.
- 2 (also land scrip) North American A certificate entitling the holder to acquire possession of certain portions of public land.More example sentences
- The proceeds from the sale of land scrip would then be invested in a fund ‘to pay the endowment, support, and maintenance of at least one college’ in each state.
- During this period, he unsuccessfully tried to gain possession of the ranch by locating thirteen Confederate land <en>scrips on the ranch.
- During the New Zealand Land Wars of the 1860s land scrip was issued to soldiers in recognition of their service and to assist their rehabilitation.
- 3 [mass noun] North American • historical Paper money in amounts of less than a dollar.More example sentences
- They had some scrip, not much, but they had French money too to spend in the local community.
- Do you have any scrip I could borrow?
mid 18th century: abbreviation of subscription receipt.
- A small bag or pouch, typically one carried by a pilgrim, shepherd, or beggar.More example sentences
- Finally he sniffed and folded the remains of his meal into a square of cloth before stuffing it back into the leather scrip at his waist.
- A good shepherd, St. Bernard used to say, has always bread in his scrip, and his dog in his keeping.
- He then snatched the fallen warrior's arms and robes under which he had concealed a scrip full of gold fastened to his loins.
Middle English: probably a shortening of Old French escrepe 'purse'.