0 something that is not currency but that can be used in the same way as money, for example, points you collect when you shop at a particular store and gift certificates:
1 extra shares that are given to shareholders in a company instead of a cash dividend:
2 a document that shows that you own shares or bonds:
There should be no difficulty in turning the scrip into cash.
Ordinary pilgrims become identifiable by their scrip and staff, not their cross.
The scrip has remained in the attics through the years.
As with any firm making a scrip issue, benefit is gained only after tax has been paid in the ordinary way.
The biggest source of these odd lots is scrip dividends where the underlying shareholding has been sold.
To make the announcement about scrip issues was such absolute nonsense that surely he does not expect us to praise him when he withdraws it.
Those who paid high rates of tax did not want dividends; they wanted free shares or scrip issues, and so on.
I am convinced that most companies, by scrip issues and other dodges, completely get round any kind of dividend control that we have ever attempted.
There is the point that cash payment should be made and not payment in scrip.
