Scrip. Usually the term is applied to a certificate for a fraction of a share of stock and usually,
also, scrip is convertible into shares when presented in amounts equal to the face value of a full
share. It has no voting or dividend rights until converted into full shares of stock, although
sometimes interest is paid on it.
Scrip was also the name given to United States paper currency of denominations less than $1
which is no longer issued; such money was commonly called shinplasters.