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Warrant

Definition: Evidence of a debt that will be redeemed for cash when presented to the drawee. A warrant can also be a certificate that authorizes the holder to buy securities at a certain price. Definition: [crh] A security entitling the holder to buy a proportionate amount of stock at some specified future date at a specified pDefinition: rice, usually one higher than current market price. Warrants are traded as securities whose price reflects the value of the underlying stock. Corporations often bundle warrants with another class of security to enhance the marketability of the other class. Warrants are like Definition: HREF="/?rd=call+options">call options, but with much longer time spans-sometimes years. And, warrants are offered by corporations, while exchanDefinition: ge-traded call options are not issued by firms.

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