noun
scrip
SKRIP/skrɪp/
A voucher or certificate used as money in limited settings.
The customer exchanges paper scrip for groceries at the cooperative counter.
Etymology
Commercial scrip probably shortens “subscription receipt,” originally a receipt for part of a subscribed loan. Such evidence of entitlement developed into a certificate that could itself serve as currency.
In context
Across the country, another word appeared in discussions of the emergency, scrip. The term covered different kinds of substitute payment.
More examples
- The festival issues scrip that visitors use to buy food.
- These vouchers serve as scrip at participating local businesses.
- Vendors exchange their scrip for cash when the fair ends.
Forms
scrip · scrips
Similar words
- voucher
- Typically covers a particular purchase rather than circulating as currency.
- token
- Usually a physical object exchanged for specific goods or services.