Search results
Results From The WOW.Com Content Network
Health. Home & Garden
A scrip (or chit in India) is any substitute for legal tender.It is often a form of credit.Scrips have been created and used for a variety of reasons, including exploitative payment of employees under truck systems; or 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.
In 19th century United States forested areas, cash was often hard to come by. [1] [2] [3] This was particularly true in lumber camps, where workers were commonly paid in company-issued scrip rather than government issued currency.