stock warrant

Noun

• a written certificate that gives the holder the right to purchase shares of a stock for a specified price within a specified period of time

• a type of security issued by a corporation (usually together with a bond or preferred stock) that gives the holder the right to purchase a certain amount of common stock at a stated price
  • as a sweetener they offered warrants along with the fixed-income securities
    

Related words

• Synonyms: 
  warrant , stock-purchase warrant