What is a Scrip? Definition and Examples
Scrip definition, a written document or certificate representing a share of stock or other security issued by a company. See more.
A scrip is a certificate or document that represents ownership in a company. It can be a share of stock, a bond, or another type of security. Scrips were commonly used in the past as a way for companies to raise capital and issue shares to investors. They are less common today, but they are still used in some cases.
Scrip can also refer to a voucher or coupon that can be redeemed for goods or services. For example, a store might offer a scrip that can be used to purchase a certain product at a discounted price.
Overall, the term "scrip" is used to describe a document or certificate that represents ownership or a claim on something of value.
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