NOUN | possession | stock-purchase warrant, warrant, stock warrant | a type of security issued by a corporation (usually together with a bond or preferred stock) that gives the holder the right to purchase a certain amount of common stock at a stated price |
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Meaning | A type of security issued by a corporation (usually together with a bond or preferred stock) that gives the holder the right to purchase a certain amount of common stock at a stated price. | |
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Synonyms | warrant, stock warrant | |
Narrower | perpetual warrant | A warrant with no expiration date |
subscription warrant | A warrant that expires on a stipulated date | |
Broader | security, surety | Property that your creditor can claim in case you default on your obligation |
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