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scrip issue

   Also found in: Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
scrip issue
n.
An issue of shares made by a company free of charge to existing shareholders. Also called bonus issue.

scrip issue
n
(Economics, Accounting & Finance / Stock Exchange) another name for bonus issue


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Scrip issue A scrip issue (also known as a bonus issue or capitalisation issue) is similar to the rights issue in the sense that a company issues new shares to its existing shareholders.
Pernod Ricard's last scrip issue, with a 1:5 ratio, was made in July 1994.
 
 
 
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