Originally, 'scrip' was used for any small piece of writing.

Historical Use

'Scrip' often signifies a document proving you own something or have a right to it.

Proof of Ownership

Don't confuse 'scrip' with 'script,' which refers to written text, like a play.

Potential Confusion

'Scrip' in finance means temporary shares or dividends, not physical currency.

Finance Specific

Financial 'scrip' represents a fraction of a share, not a whole share.

Fractional Ownership

A 'scrip' is temporary and will be replaced by a formal document later on.

Temporary Nature

In business, 'scrip' stands for a temporary certificate before formal issuance.

Business Context

'Scrip' in business implies future dividends or formal documents to come.

Awaiting Dividends

'Scrip' can also be temporary money used in place of cash within a company.

Temporary Instrument

 haven't told you is that the Indus people were very very enterprising they used to trade with people pretty far away from where they lived and so in this case they were traveling by sea all the way to Mesopotamia present-day Iraq and what seems to happen here is that the Indus traders the the merchants were using the scrip to write a foreign

Scrip

Historical Use

Proof of Ownership

Potential Confusion

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