Term
Warrant
A security that gives the right to buy a company's shares at a price set in advance. Its value can differ from the value of the stock itself.
Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street, William Poundstone
Explained in
- Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street, William Poundstone
- Hedge Fund Market Wizards: How Winning Traders Win, Jack D. Schwager
A security giving the right to buy a company’s shares at a specified price in the future. Essentially a long-term option issued by the company itself.