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Related to scrip dividends: scrip issues


a certificate to be exchanged for goods or cash
Not to be confused with:
script – handwriting; the text of a play, TV program, or motion picture

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 ?
- Scrip dividend programme: future scrip dividends to be fully repurchased
HSBC intends to sustain dividends at current levels and undertake, as appropriate, share buybacks to neutralize any share issuance as a result of scrip dividends, subject to regulatory approval.
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.
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 13.2m Numis shares interim dividend(C)2010 M2 COMMUNICATIONS
"Our view is scrip dividends are not really dividends and therefore not attractive," he said.
Recently, an increasing number of companies in the United Kingdom have given their shareholders the option to receive shares, called scrip dividends, in lieu of cash.
This is partly offset by stronger cash retention measures in terms of scrip dividends and fresh equity at EdF.