Scrip
From The Art and Popular Culture Encyclopedia
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A scrip (or chit in India) is any substitute for legal tender. It is often a form of credit. Scrips have been created for exploitative payment of employees under truck systems, and for use in local commerce at times when regular currency was unavailable, for example in remote coal towns, military bases, ships on long voyages, or occupied countries in wartime. Besides company scrip, other forms of scrip include land scrip, vouchers, token coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards.
Scrips have gained historical importance and become a subject of study in numismatics and exonumia due to their wide variety and recurring use. Scrip behaves similarly to a currency, and as such can be used to study monetary economics.
See also
- Canadian Tire money
- Capitol Hill Babysitting Co-op
- Chiemgauer
- Cincinnati Time Store
- Coal Scrip
- Colonial Scrip
- Complementary currency
- Detroit Community Scrip
- Disney dollar
- Electronic money
- Frequent-flyer program
- Gift voucher reseller
- Ithaca Hours
- Local currency
- Luncheon Voucher
- Medium of exchange
- Microsoft Points
- Military payment certificate
- Private currency
- School voucher
- Scrip of Edo period Japan
- Scrip issue
- Specie (disambiguation)
- Spintria
- Store of value
- Stored-value card
- SVM (company)
- Truck system
- Wii Point
- Virtual currency