Whether you are thinking about traveling abroad or are asking how long it takes to get a passport card, we have helpful information for you.
DEFINITION of 'Warrant Coverage'. An agreement between a company and its shareholders whereby the company issues warrants equal to some percentage of the dollar amount of the shareholder's investment. Next Up.
What is a 'Warrant'. A warrant is a derivative that confers the right, but not the obligation, to buy or sell a security â normally an equity â at a certain price before expiration. The price at which the underlying security can be bought or sold is referred to as the exercise price or strike price.