scrip dividend


noun

a dividend issued in the form of a note entitling the holder to a cash payment at a specified later date.

Nearby words

  1. scrimshank,
  2. scrimshaw,
  3. scrinia,
  4. scrinium,
  5. scrip,
  6. scrip issue,
  7. scripophile,
  8. scripophily,
  9. scripps,
  10. scripps, edward wyllis

Origin of scrip dividend

First recorded in 1880–85

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019