Company scrip

Company scrip is like pretend money that a company makes to pay their workers instead of using real money like dollars. So it's not money that you can use at the store or the bank.

Imagine that you work for a company that makes toys. Instead of paying you in real money, they give you some toy bucks that you can use in the company store to buy toys made by the company.

It's like playing Monopoly, where you have a fake money that only works in the game. You can use it to buy properties, railroads, and houses but you cannot use it to buy a pizza from a real pizza store.

This is what it's like for workers who get paid in company scrip. They can only use it to buy things from the company store, but they can't use it in other stores or to pay their bills. This way, the company can keep the real money they earn, and the workers are encouraged to only buy things from their own store.

Sometimes the company will let workers cash in their company scrip for real money, but usually, they don't have to. It’s like going to a place and they don’t accept your pretend money.

Overall, company scrip might seem like a good idea, but it's not always great for workers because they can't use it like real money.