warrant
(en)
a security that entitles the holder to buy the underlying stock of the issuing company at a fixed price called exercise price until the expiry date; similar to options (not sure of the difference)
Highlighted phrases
warrant
Warrants are essentially options to buy more shares at the original low share price.
context: private buyers of bank shares got to buy in at a low low price
notable
7 years, 4 months ago