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Bible Encyclopedias

1911 Encyclopedia Britannica

Scrip

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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.


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

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Monday, December 16th, 2019
the Third Week of Advent
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