TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DIVIDEND SCRIP [1 record]

Record 1 2016-09-30

English

Subject field(s)
  • Stock Exchange
DEF

A corporation dividend paid in the form of a promise to pay at a specified time in the future, or when a specified event transpires, or at the will of the corporation.

CONT

What is scrip dividend? One paid in scrip, or in certificates of the ownership of a corresponding amount of capital stock of the companv thereafter to be issued.

OBS

scrip: a certificate of ownership, either absolute or conditional, of shares in a public company, corporate profits, etc.

Key term(s)
  • dividend in scrip
  • dividend in script

French

Domaine(s)
  • Bourse
DEF

Promesse écrite par laquelle une société s'engage à verser un dividende à ses actionnaires à une date ultérieure plutôt que de le verser immédiatement.

OBS

Le certificat émis à l'actionnaire à titre de dividende provisoire constitue une forme de billet. L'actionnaire peut le conserver jusqu'à échéance et encaisser alors le dividende, ou encore le négocier afin d'en encaisser immédiatement la valeur actualisée.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
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