What does SCRIP mean?

Parts of Speech:

Scrip is a noun.

Definitions:

1. A certificate or receipt for a fractional share of stock. 2. A substitute for currency issued by a company and redeemable for its stock. 3. A small piece of paper or a token that can be exchanged for goods or services.

Pronunciations:

US: /skrɪp/

UK: /skrɪp/

Origin and Usage:

The word "scrip" originated in the mid-18th century from the Latin word "scribere" meaning "to write." It was originally used to refer to a written certificate or receipt for a fractional share of stock. Today, "scrip" is commonly used to refer to a substitute for currency issued by a company or a small piece of paper or token that can be exchanged for goods or services.

Synonyms:

1. Voucher 2. Token 3. Coupon 4. Certificate 5. IOU

Related Words:

1. Script 2. Scrim 3. Scrub 4. Scrod 5. Scuba

Example Sentences:

1. She received a scrip for her fractional share of the companys stock.
2. The company issued scrip to its employees as a substitute for currency.
3. He used the scrip to purchase goods at the company store.