Scrip

Scrip

, n. [From script.] 1. A small writing, certificate, or schedule; a piece of paper containing a writing.
[1913 Webster]

Call them generally, man by man, according to the scrip.
Shak.
[1913 Webster]

Bills of exchange can not pay our debts abroad, till scrips of paper can be made current coin.
Locke.
[1913 Webster]

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, consol scrip, etc. When all the installments are paid, the scrip is exchanged for a bond share certificate.
[1913 Webster]

3. Paper fractional currency. [Colloq.U.S.]
[1913 Webster]

 

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Sun 16th December 2018