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Meaning Of Scrip
n.
A small bag; a wallet; a satchel.
n.
A small writing, certificate, or schedule; a piece of paper
containing a writing.
n.
A preliminary certificate of a subscription to the capital
of a bank, railroad, or other company, or for a share of other joint
property, or a loan, stating the amount of the subscription and the
date of the payment of the installments; as, insurance scrip, consol
scrip, etc. When all the installments are paid, the scrip is exchanged
for a bond share certificate.