Certificates

Awards
Awards are formal recognitions given to individuals or entities for achieving excellence in a specific field or meeting certain predefined criteria. These recognitions can be in the form of trophies, medals, certificates, or other tangible items that symbolize achievements.
Paper Gold
Paper gold refers to certificates that can be converted into gold at the offices of the issuer, whether private or government. It is often used in exchange due to its convenience over the physical metal.
Scrip
Scrip refers to a certificate, written document, or token that ultimately serves as evidence of ownership of stocks, shares, or bonds. It can also be issuance documentation when additional shares are provided to current shareholders, known as a scrip issue.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.