- Security holders are awarded additional assets free of payment from the issuer in proportion to their holding. A bonus issue is typically represented by shares, rights or warrants. Nominal value does not change. Holders may be offered choice of form.
Euroclear glossary. 2008.
Look at other dictionaries:
scrip issue — noun A bonus issue (qv) • • • Main Entry: ↑scrip … Useful english dictionary
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Scrip issue — A scrip issue is a form of secondary issue. In the United Kingdom, public limited companies, those listed on the London Stock Exchange, have a number of ways to create new shares. A scrip issue is the process of creating new shares which are… … Wikipedia
scrip issue — See bonus issue. Dresdner Kleinwort Wasserstein financial glossary (Also bonus issue / capitalisation issue) Euroclear Clearing and Settlement glossary Security holders are awarded additional assets free of payment from the issuer in proportion… … Financial and business terms
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scrip issue — bonus issue; capitalization issue; free issue The issue of new share certificates to existing shareholders to reflect the accumulation of profits in the reserves of a company s balance sheet. The shareholders do not pay for the new shares and… … Big dictionary of business and management
scrip issue — / skrɪp ˌɪʃu:/ noun an issue of shares whereby a company transfers money from reserves to share capital and issues free extra shares to the shareholders (the value of the company remains the same, and the total market value of shareholders’… … Dictionary of banking and finance
scrip issue — /ˈskrɪp ˌɪʃu/ (say skrip .ishooh) noun → bonus issue … Australian English dictionary
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Scrip — issued by the Capitol Hill Baby Sitting Co op, worth ½ hour of babysitting time. Scrip is an American term for any substitute for currency which is not legal tender and is often a form of credit. Scrips were created as company payment of… … Wikipedia