Scrip, n. [From script.] 1. A small writing, certificate, or schedule; a piece of paper containing a writing.
Call them generally, man by man, according to the scrip.Shak.
Bills of exchange can not pay our debts abroad, till scrips of paper can be made current coin.Locke.
2. A preliminary certificate of a subscription to the capital of a bank, railroad, or other company, or for a share of other joint property, or a loan, stating the amount of the subscription and the date of the payment of the installments; as, insurance
scrip, etc. When all the installments are paid, the scrip is exchanged for a bond share certificate.
3. Paper fractional currency.
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Sun 16th December 2018