bonus issue


noun Stock Exchange.

an issue of free shares distributed pro rata to existing stockholders instead of a dividend.
Also called scrip issue.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for scrip issue (1 of 2)

scrip issue


noun

another name for bonus issue

British Dictionary definitions for scrip issue (2 of 2)

bonus issue


noun

British an issue of shares made by a company without charge and distributed pro rata among existing shareholdersAlso 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