Scrip

外汇网2021-06-19 15:59:08 139

1. A written document that acknowledges a debt.

2. A temporary document repsenting a fraction of a share resulting from a split or spin-off. Scrips may be applied to the purchase of full shares.

3. Currency issued by a private corporation

Taobiz explains Scrip

1. Historically, companies short of cash have paid scrip pidends instead of cash pidends.

3. An example would be frequent flier miles.

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