One that is hostile or aggressive, especially one that is engaged in war. [Latin belligerÄns, belligerant-, present participle of belligerÄre, to wage war, from belliger, warlike : bellum, war + gerere, to make.] belÂ·ligâ²erÂ·entÂ·ly adv. Synonyms: belligerent, bellicose, pugnacious, combative. These adjectives mean having or showing an eagerness to fight. Belligerent refers to a tendency to hostile behavior: A belligerent reporter badgered the politician. Bellicose describes a warlike or hostile manner or temperament: Madison, far from being pushed into war by a bellicose Congress, had to drag his own hesitant party into it. (Garry Wills).
However, with a $0.30 gain in the warrant, from $0.50 to $0.80, the percentage gain would be 60%. In this example, the gearing factor is calculated by dividing the original share price by the original warrant price: $1.50 / $0.50 = 3.
But if the Company XYZ bond has a warrant attached, the investor must come up with additional money to purchase the shares at the exercise price (in this case 100 shares x $20 per share, or $2,000). Warrants are also not the same as stock purchase rights.