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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 a Warrant Is. The book âThe Craft of Researchâ defines a warrant as âa statement that connects a reason to a claim.â In other words, if someone makes a claim, he should have valid reasons -- or sufficient data -- to support that claim. The reason needs to have relevance to the claim.