Synonyms: warrant, stock warrant, stock-purchase warrant
Definition: 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
Usage: as a sweetener they offered warrants along with the fixed-income securities
Similar words: surety, security
Definition: property that your creditor can claim in case you default on your obligation
Usage: bankers are reluctant to lend without good security