Also found in: Financial.
Related to bonus issue: rights issue
See scrip issue.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Stock Exchange) Brit an issue of shares made by a company without charge and distributed pro rata among existing shareholders. Also called: scrip issue
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
When a company offers its existing shareholders newly issued shares at no charge in proportion to their existing holdings. Also known as a scrip issue.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited