Definitions of scrip
a certificate showing that a person owns shares or bonds
Bondholders would deposit their bonds into an account and were given a Scrip Certificate in exchange.
a substitute for legal tender, often used as a form of credit
The governor of Connecticut issued scrip money on the promise of repayment in better times.
one of a group of extra shares given to shareholders instead of a dividend
A holder of a scrip certificate is not entitled to exercise voting rights or to receive a dividend in respect of the scrip certificate.