Meaning of "scrip issue" in the English dictionary

PRONUNCIATION OF SCRIP ISSUE

scrip issue

GRAMMATICAL CATEGORY OF SCRIP ISSUE

Scrip issue is a noun.

A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SCRIP ISSUE MEAN IN ENGLISH?

Scrip issue

A scrip issue, also known as capitalisation issue or bonus issue, is a form of secondary issue where a company's cash reserves are converted into new shares and given to existing shareholders. 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 given free of charge to existing shareholders. To the individual investor, this is known as a scrip dividend. This would normally be done in place of paying a dividend. The issue would be calculated relative to existing holdings. This means that, for example, one new 'scrip' share may be issued for every ten shares currently owned. The company issuing the scrip shares has now expanded the number of shares in existence but not increased the value of the company. This means that the relative value of each pre-existing share has been reduced slightly. The investor has the right to sell the new scrip shares in the market. This can have the effect of reducing the income tax liability of the investor.

TRANSLATION OF SCRIP ISSUE

Find out the translation of scrip issue to 25 languages with our English multilingual translator.

The translations of scrip issue from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «scrip issue» in English.

• Translator English - Chinese: 以股代息发行
• Translator English - Spanish: ampliación de capital liberada
• English: scrip issue
• Translator English - Hindi: शेयरों वाला मुद्दा
• Translator English - Arabic: قضية السهم
• Translator English - Russian: сумы вопрос
• Translator English - Portuguese: questão scrip
• Translator English - Bengali: স্ক্রিপ্ট সমস্যা
• Translator English - French: question scrip
• Translator English - Malay: Isu scrip
• Translator English - German: scrip Ausgabe
• Translator English - Japanese: スクリップの問題
• Translator English - Korean: 전대 문제
• Translator English - Javanese: Masalah skip
• Translator English - Vietnamese: vấn đề scrip
• Translator English - Tamil: ஸ்கிரிப்ட் சிக்கல்
• Translator English - Marathi: स्क्रिप समस्या
• Translator English - Turkish: Künye sorunu
• Translator English - Italian: problema scrip
• Translator English - Polish: scrip problem
• Translator English - Ukrainian: торби питання
• Translator English - Romanian: problema traistă
• Translator English - Greek: γραπτό θέμα
• Translator English - Afrikaans: kwessie reissak
• Translator English - Swedish: fondemission
• Translator English - Norwegian: fondsemisjon

10 ENGLISH BOOKS RELATING TO «SCRIP ISSUE»

Discover the use of scrip issue in the following bibliographical selection. Books relating to scrip issue and brief extracts from same to provide context of its use in English literature.

How to Win as a Stock Market Speculator

Following the scrip issue, the share price is reduced in proportion to the increase of shares in issue. As a result, every shareholder's overall holding is worth the same. In accounting terms, there has simply been a transfer within the company's  ...

Alexander Davidson, 2005

Act Companion to Treasury Management

A scrip issue (sometimes referred to as a bonus issue) is the issuing of new Shares free of charge to the existing shareholders of a company by capitalising its reserves. The effect is simply to increase the number of shares in the company .

Valerie Hawkes, 1999

Investment Mathematics

A scrip issue (bonus issue or capitalisation issue) is an issue of further shares to existing shareholders in proportion to their holdings where no payment is required. There is no change in the company's assets and an individual shareholder's ...

Andrew T. Adams, Philip M. Booth, David C. Bowie, 2003

How to Understand the Financial Pages: A Guide to Money and ...

A scrip issue, also known as a capitalisation issue, is when free shares are issued to existing shareholders through a transfer within the company's reserves (see page 234 price of the shares is then reduced so that the total new holding is  ...

Alexander Davidson, 2008

How to Win in a Volatile Stock Market: The Definitive Guide ...

In a scrip issue, free shares are issued to existing shareholders. This is an accounting exercise involving a transfer within the company's reserves, all of which are owned by the shareholders, so, in principle, nothing is gained. Following the ...

Alexander Davidson, 2002

Get Started in Shares ePub eBook: A beginner's guide to ...

However, many people are sceptical about the benefits of scrips because of the absence of real economic change, especially in light of the transaction costs. A number of companies have an annual scrip issue while maintaining a constant ...

Glen Arnold, 2014

Money: Understanding and Creating Alternatives to Legal Tender

... to preserve its own health and quality of life. Some scrip issues, of course, are more credible than others. The power, productive capacity, and good faith of the issuer all affect the credibility and market acceptance of a local scrip issue.

Thomas Greco, 2001

Accounting for Non-Accountants: A Manual for Managers and ...

A scrip issue is a very different animal to a rights issue. Here the company issues new shares to existing shareholders on a pro-rata basis, but receives no cash for them. The mechanism of a scrip issue is to capitalize reserves, meaning that ...

Graham Mott, 2012

A Textbook of Business Finance

ANSWER 3 (a) Scrip Issue. A scrip issue is the same as a bonus issue. A scrip issue is thus a method of capitalising reserves of profits. A company (usually making good profits and paying good dividends) may increase its issued capital by ...

Ashiq Hussain, 1989

The Financial Times Guide to Investing ePub

So a company with shares trading at £15 on the market might distribute two 'free' shares for every one held — a two-for-one scrip issue. Since the amount of money in the firm and its economic potential are constant, the share price will ...

Glen Arnold, 2013

3 NEWS ITEMS WHICH INCLUDE THE TERM «SCRIP ISSUE»

Find out what the national and international press are talking about and how the term scrip issue is used in the context of the following news items.

Skye Bank declares 661m bonus shares as total assets hit N1.4tr

Skye Bank declares 661m bonus shares as total assets hit N1.4tr ... a bonus share for every 20 ordinary shares held by the close of register for the scrip issue. «The Nation Newspaper, May 15»

Shareholders' Take on Bonus Shares

Like rights issue, a scrip issue has implications for shareholders' income. However, market stakeholders contend that issuing bonus shares to reserve cash for ... «THISDAY Live, Dec 13»

Guinness Declares N8 Dividend per Share

Besides, directors of the company have given the shareholders a scrip issue option, saying that shareholders who are entitled to receive the cash dividend have ... «THISDAY Live, Sep 12»