Scrip is a certificate or receipt that represents something of value but has no intrinsic value. For example, after a corporate stock split or spin-off, a company might issue scrip representing a fractional share of stock for each existing share you own. On or before a specific date, you can convert the value they represent into full shares. What's essential is that the issuer and the recipient must agree on the value that the scrip represents.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). scrip. Retrieved September 20, 2026, from http://smartdefine.org/scrip/definitions/1162992 |
| Chicago | Barry Goldsmith. 2010. "scrip" http://smartdefine.org/scrip/definitions/1162992 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, scrip, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/scrip/definitions/1162992>. |
| MLA | Barry Goldsmith. "scrip" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/scrip/definitions/1162992> |