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Thursday, November 21st, 2024
the Week of Proper 28 / Ordinary 33
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Bible Encyclopedias
Scrip

1911 Encyclopedia Britannica

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properly any written document; the word is a corruption of "script" (Lat. scribere, to write), possibly from an assimilation with "scrip," a pilgrim's bag or wallet, which is borrowed from the Scandinavian (cf. Nor. skreppa, knapsack), and is ultimately cognate with "scrap," shred. In commercial usage, "scrip" is a document or certificate issued by a public company when instalments upon its shares are payable at different dates, or the whole amount to be paid has not been called up. Such a document entitles the person named to be treated as the allottee of the shares mentioned; it is transferable, and entitles the allottee on payment of all the calls to a share certificate. Scrip requires a penny stamp impressed upon it. The word is frequently loosely used for the share certificates or shares collectively.

Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Scrip'. 1911 Encyclopedia Britanica. https://www.studylight.org/​encyclopedias/​eng/​bri/​s/scrip.html. 1910.
 
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