What does covered warrant mean?
Definitions for covered warrant
cov·ered war·rant
This dictionary definitions page includes all the possible meanings, example usage and translations of the word covered warrant.
Wikipedia
Covered warrant
In finance a covered warrant (sometimes called naked warrant) is a type of warrant that has been issued without an accompanying bond or equity. Like a normal warrant, it allows the holder to buy or sell a specific amount of equities, currency, or other financial instruments from the issuer at a specified price at a predetermined date. Unlike normal warrants, they are usually issued by financial institutions instead of share-issuing companies and are listed as fully tradable securities on a number of stock exchanges. They can also have a variety of underlying instruments, not just equities, and may allow the holder to buy or sell the underlying asset. These attributes make it possible to use covered warrants as a tool to speculate on financial markets.
Numerology
Chaldean Numerology
The numerical value of covered warrant in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of covered warrant in Pythagorean Numerology is: 5
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"covered warrant." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/covered+warrant>.
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