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Scripis a 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 employees and also as a means of payment in times where regular money is unavailable, such as remote coal towns, military bases, ships on long voyages, or occupied countries in war time. Other forms of scrip include subway tokens, IOUs, arcade tokens and tickets, and "points" on some websites.

http://en.wikipedia.org/wiki/Scrip

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12y ago

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Will you pass a drug test if you have a scrip for the drug?

If you test positive for a drug but have a scrip for that drug all you have to do is prove that you have the scrip and you will pass because if ya got a scrip its not illegal.


What are scrip cards?

Since scrip is any substitute for real money, a scrip card is like a gift card.


Value of old military scrip?

Check with a "scrip" collector.


What does Scrip stand for?

SCRIP - Substitute Cash Redeem In Person


How did colonial scrip help make the colonies prosperous?

Unlike the British Bank Notes which were issued by private Bankers, Colonial Scrip was an alternative form of paper money which was issued by the Colonial governments through direct spending on public projects (roads and bridges) and through lending for private projects. The Scrip was issued as a credit instead of a debt and thus the colonies were able to avoid issuing bonds to private bankers to purchase a gold reserve. By avoiding the gold and the debt, taxes remained low and by issuing just enough Scrip to match the volume of trading activity, the value of Scrip remained stable. Ben Franklin's Pennsylvania Scrip was the most successful of the Colonial Scrip issues. When the Scrip is issued to put people to work, goods and services are created by the work. The workers paid with Scrip can then redeem the scrip for the goods and services available in the local markets. And thus the circle is completed. As long as the Scrip is issued to create work which produces goods and services for redeeming the Scrip, there will never be any inflation or recession. But if Scrip were issued in a careless manner without generating work, or even worse, if counterfeit Scrip enters the market without a matching volume of goods and services to redeem it, the Scrip loses value. This is the cause of inflation. The beauty of Scrip is that it can be created as long as you have persons ready to do work. Consequently, there is never any unemployment under a Scrip system. The money has to wait on the availability of workers. But under the British Bank Note system the opposite is true. Because they issue money as a debt to the taxpayer, the workers have to wait on money to become available.


A sentence for scrip?

I am sorry, but your scrip is not an acceptable form of payment here.


When was Scrip Lee born?

Scrip Lee was born on 1899-01-29.


When did Scrip Lee die?

Scrip Lee died on 1974-02-13.


What scrip dona Maria?

Ano ang mga scrip ni dona maria


What is scrip?

scrip lending is when a Collective Investment Fund or Portfolio borrows money to repurchase from another Portfolio


When was Scrip World Pharmaceutical News created?

Scrip World Pharmaceutical News was created in 1972-03.


Where can one find information regarding scrip fundraising?

You can find information regarding scrip fundraising at the GLScrip website. Once on the page, click on the banner that says "What is Scrip" to bring up the information.