Scrip
Verbatim from Investopedia (accessed 2026-05-27).
A scrip is is a substitute or alternative to legal tender. Holding a scrip entitles the bearer to receive something in return. Scrips come in many different forms, primarily as a form of credit, with the document acknowledging the debt. Scrips also represent a temporary document representing fractional shares resulting from a split or spin-off, or they may indicate currency issued by a private corporation such as frequent flier miles.
We reproduce definitions verbatim so the meaning is not lost or coloured by paraphrasing. If you spot a definition that has changed at the source, please let us know via the contact details on the About page.