scrip
21
9.9
- noun
- /skrɪp/
- Specialized
- In the babysitting standard, one scrip is worth exactly and forever one hour of babysitting.
- issued scrip
Examples
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During the mining boom, many companies paid their employees in scrip that was valid only at their own supply shops.
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Your pay will be issued as company scrip, redeemable for all goods and services at the Stone Mountain company store.
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$40 a month in a state scrip and found.
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But what if you issued more scrip than there were hours available in the community?
Blog text (2) -
The point is that the scrip has a value that's fixed to a tangible thing: an hour.
Blog text (2) -
The labor was ranching and farming, and Iosepans were paid in special company scrip accepted only by the town store.
Academic text (2008) -
The landowner's dominance of the local economic sphere was so complete that in many cases, sharecroppers were paid only in dedicated scrip that could only be redeemed at the planter-owned "company store."
Academic text (2017) -
According to Richard Douthwaite, a scrip-based currency enables long-term, even multi-generational, investments such as building cathedrals or replanting forests.
Blog text (29) -
Workers received their wages in scrip, which they could only spend at specific stores.
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The local government started using scrip to help citizens trade goods and services without actual cash.
Synonyms
18
4.2
A financial paper giving the owner the right to interest or dividends
Surface Forms
Etymology
Scrip comes from an old English word scrippe meaning 'small bag' or 'wallet', and later it was used for a small written note people could use like money. So, thinking of a little bag or note helps you remember that scrip is a paper certificate used as a substitute for cash.