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Related to scrip dividends: scrip issues

scrip 1

1. A form of money issued by a local government or private organization.
2. A certificate or receipt used to redeem a credit.

[Perhaps alteration of script.]

scrip 2

1. Chiefly South Asian & Australian
a. Stock, as issued by companies.
b. The stock of a particular company.
2. Chiefly British A fractional share of stock issued to existing shareholders.

[Short for subscription receipt, receipt for a portion of a loan.]

scrip 3

n. Archaic
A wallet, small satchel, or bag.

[Middle English scrippe.]


1. a written certificate, list, etc
2. a small scrap, esp of paper with writing on it
3. (Banking & Finance) finance
a. a certificate representing a claim to part of a share of stock
b. the shares allocated in a bonus issue
[C18: in some senses, probably from script; otherwise, short for subscription receipt]


archaic a small bag or wallet, as carried by pilgrims
[C14: from Old French escreppe, variant of escarpe scarf1]


(skrɪp) or


(Medicine) informal a medical prescription
[C20: short for prescription]



1. paper currency issued for temporary use in emergency situations, as by an occupying power.
2. a certificate representing a fraction of a share of stock.
3. a receipt, list, or other brief piece of writing.
4. a scrap of paper.
5. paper currency in denominations of less than one dollar, formerly issued in the U.S.
[1610–20; perhaps alter. of script]


- Can be a scrap of paper with writing on it.
See also related terms for scrap.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.scrip - a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency
certificate, security - a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends; "he held several valuable securities"


[skrɪp] N (Fin) → vale m, abonaré m
References in periodicals archive ?
The recent oil price recovery, along with pressure from shareholders who do not want to be diluted, could incentivise the other oil companies to increase cash distributions by cancelling scrip dividends, launching share buy-backs or even raising dividends.
The capitalisation of reserves through a series of scrip dividends - the latest in 2014 - has reinforced the capital base over the last five years.
BP, Total and Shell have vowed to maintain their annual payouts, while BP and Total are also offering scrip dividends, which allow investors to buy shares at a reduced price instead of receiving the dividend.
Shell has now cancelled the Scrip Dividend Programme and scrip dividends will not be offered for the second quarter 2014 dividend.
The shareholders approved the distribution of scrip dividends to shareholders by 10% of the issued capital, 1 share for every 10 shares, consequently increasing the issued capital of the company from RO.
M2 EQUITYBITES-25 March 2010-Numis' board approves elections for scrip dividends in respect of 13.
Our view is scrip dividends are not really dividends and therefore not attractive," he said.
By comparing firms that pay scrip dividends to firms that do not, I test the hypotheses that scrip dividends are motivated by tax savings, cash shortage, and signaling.
The expectation is that buy-backs will offset prior dilution created by scrip dividends by the end of 2015, with approximately 135 million ordinary shares currently outstanding, as well as shares from any uptake on the Programme related to the dividend in the first quarter of 2014.
Unlike some other index tracking groups, the team is willing to undertake stock lending (fully collateralized), scrip dividends and placings, and to trade in advance or arrears of index changes," said S&P Fund Services lead analyst, Guy Boden.
The board of directors of investment banking and stock broking company Numis Corporation plc (LSE:NUM) disclosed on Friday that elections for scrip dividends for the 11.