Meaning & use

scrips

noun·Advancedfinance

Last updated

UK/skrɪps/
US/skrɪps/

“scrips” is a form of “scrip”. See that entry for the full set of meanings.

Meanings

  1. nounpluralfinance

    Temporary documents that can be exchanged for shares or money, often used in finance.

    Grammar: Plural of 'scrip'; used with plural verbs: 'The scrips were issued.' For one document, say 'a scrip'.

    Patterns

    • issue scrips
    • scrips for shares
    • trade scrips

    The company issued scrips to shareholders while the new certificates were being printed.

    Investors received scrips that could later be exchanged for real shares.

    Scrips are often used in mergers when new share certificates are not ready yet.

  2. nounplural

    Paper money or tokens issued for temporary use, especially in the past or in special situations.

    Grammar: Plural of 'scrip'; refers to multiple notes or tokens. For one, say 'a scrip'.

    Patterns

    • paper scrips
    • military scrips
    • company scrips

    During the shortage, shops accepted scrips instead of coins.

    Old military scrips are now collected by historians.

    The museum displays scrips used by workers in the 19th century.

Word forms

singularscrip

Common combinations

issue scrips
The bank issued scrips to customers during the crisis.
paper scrips
Paper scrips were common when metal coins were scarce.
scrips for shares
The scrips for shares were later converted into ordinary stock.
trade scrips
Some collectors trade scrips from closed companies.

Synonyms and how they differ

certificates
Certificates are official documents proving ownership; scrips are often temporary versions of these.
vouchers
Vouchers can be exchanged for goods or services, while scrips are usually exchanged for shares or money.

Word family

scrip noun
Singular form: a temporary document exchangeable for shares or money.
scrip issue noun
A free issue of extra shares to existing shareholders.

Commonly confused: scrips or scripts?

scrips vs scripts

Scripts are written texts for plays, films, or computer programs; scrips are financial documents. They sound similar but have completely different meanings.

Practice

The plural of 'scrip' (a temporary share document) is ______.

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