What is Scrip in Stock Market?

What is Scrip in Stock Market?

What is Scrip in Stock Market?

 


A scrip (or chit in India) is any substitute for legal tender. It is often a form of credit. “Scrip” is also used in the stock market where companies can sometimes pay dividends in the form of additional shares/stock rather than in money.

Trivia : Community-wide scrip usage has begun or is on the rise in countries like USA, Canada and Germany.


What is Scrip in Stock Market?

 



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