scrip dividend

(redirected from scrip)
Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to scrip: scrip dividend

scrip dividend

the issue of a certificate entitling the holder to acquire shares in a company; frequently used in connection with bonus issues, such scrip has in some instances been issued as a stock dividend instead of cash.
Mentioned in ?
References in periodicals archive ?
The man in the street seems to be even more interested in the loan today then he was yesterday, and post office clerks dealing with the matter throughout the city have been hard put to it to cope with the continuous stream of inquiries and scrip purchases.
The Scrip CSR Award builds on other recognition for the partnership in Tanzania.
While announcing the nominations for Glenmark; SCRIP magazine commented:
Scrip Asia 100 identifies some of Asia's most influential companies, organisations and people: Scrip's editors' pick of 'ones to watch'.
Export of labour intensive engineering goods to 110 countries notified under Focus Market Scheme under FTP is eligible for incentive in the form of Duty Credit Scrip at three percent of FOB value of exports, Scindia said.
As part of our research, it's been easy to see that when scrip have been successful (throughout the United States) that was because a strong infrastructure was developed to help run the currency production.
The historical record indicates that the federal government issued scrip by exercising its jurisdiction over "Indians and lands reserved for the Indians" pursuant to section 91(24) of the British North America Act, 1867.
Papaschase, his brother, and their families were actually of mixed blood (Cree and European), so were also entitled to be classified as Metis and take scrip (coupons that could be exchanged for land or money) in extinguishment of any claims to other aboriginal rights they might have.
About 80 elderly Hong Kong residents staged a protest march Tuesday urging the Japanese government to honor the military scrip that they were forced to convert their local currency into during World War II.
At one point there was too little scrip in circulation.
By comparing firms that pay scrip dividends to firms that do not, I test the hypotheses that scrip dividends are motivated by tax savings, cash shortage, and signaling.