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单词 scrip certificate
释义

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scrip certificate
scrip certificate n. a provisional certificate of money subscribed to a bank or company, entitling the holder to a formal share certificate upon completion of the necessary payments; (now usually) a certificate for a fractional share, a set of which may be exchanged for a full share.
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1813 Daily National Intelligencer (Washington) 16 Apr. The subscribers..will present their scrip-certificates to the Cashier of the Bank.
1923 Harvard Law Rev. 37 9 The dividend..is declared and paid..in scrip certificates, issued to stockholders for fractional parts of a share.
2015 Ernst & Young Tax Guide 2015 viii. 203 A corporation that declares a stock dividend may issue you a scrip certificate that entitles you to a fractional share.
extracted from scripn.4
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更新时间:2025/1/11 18:32:01