company scrip
Workplace substitute money
Company scrip is currency issued by a company to pay its workers, redeemable only at company-owned stores.
Common in mining towns and isolated industrial communities through the early twentieth century, the practice trapped workers in cycles of debt by forcing them to spend wages where prices were controlled by their employer.
Sixteen tons and what do you get? Another day older and deeper in debt. I owe my soul to the company store.
- tokenRepresentative placeholder
- voucherRedeemable certificate for value
- coalCombustible sedimentary rock
- coal minerUnderground fuel extractor
- miningExtracting earth's resources
mill · mill town · wages · currency · payday · debt · debt bondage · store · textile · redemption · chit · coupon · employer · Tennessee · Ernie · sixteen · tons · paycheck
company scriplegal tender
Officially recognized payment medium
fiat currency · national currency · cash · hard currency · real money
company, scrip, companies, companion, companionship, accompany, accompanied, accompanying, accompaniment