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Definition of 'Scrip'
1. A written document that acknowledges a debt.
2. A temporary document representing 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
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Investopedia explains 'Scrip'
1. Historically, companies short of cash have paid scrip dividends instead of cash dividends.
3. An example would be frequent flier miles.
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Search results for 'Scrip'
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http://www.investopedia.com/slide-show/strange-currencies
... Numerous towns and cities across America use region-specific scrip ostensibly to
support the local economy and insulate it from a global economic meltdown. ...
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