Scrip
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| Stock certificate that is evidence of ownership. | ||
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Additional Comments:
Scrips were created as company payment of employees and also as a means of payment in times where regular money is unavailable, such as remote coal towns or occupied countries in war time. Other forms of scrip include subway tokens, arcade tokens and tickets, and "points" on some websites.
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Related Terms: | ||
Cash Dividends A cash dividend is a dividend paid in cash. To be able to pay cash dividends, ... Annuities Annuities are products, usually offered by insurance companies, that provide payments to you for a guaranteed ... Warrant A certificate issued by a company giving the holder the right to purchase securities at a ... | ||
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