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.
A company will issue a bond and attach a warrant to the bond to make it more attractive to investors. If they issuer's stock increases in price above the warrant's stated price, the investor can redeem the warrant and buy the shares at the lower price.