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bonus issue

noun, Stock Exchange.
an issue of free shares distributed pro rata to existing stockholders instead of a dividend.
Also called scrip issue. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for bonus issue

bonus issue

(Brit) an issue of shares made by a company without charge and distributed pro rata among existing shareholders Also called scrip issue
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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