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bonus issue

American  

noun

Stock Exchange.

  1. an issue of free shares distributed pro rata to existing stockholders instead of a dividend.

bonus issue British  

noun

  1. Also called: scrip issue.  an issue of shares made by a company without charge and distributed pro rata among existing shareholders

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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.