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warrant definition - finance
A security issued by a company that gives the owner the right to purchase stock shares at a set price within a specific time frame. In contrast, a perpetual warrant has no expiration date. Sometimes warrants are given to purchasers of debt or preferred stock as an incentive to buy.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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