Harmless Warrant

0.01 sec.

Harmless warrant

Warrant that allows the user to purchase a bond only by surrendering another bond with similar terms.

Harmless Warrant

A provision in some bonds requiring a bondholder to surrender a bond if he/she buys another bond from the same company. Harmless warrants allow issuers to protect themselves from suddenly finding themselves with too much debt. Hypothetically, all bondholders could decide to buy more debt from an issuer, resulting in an excessive amount of debt. Requiring a bondholder to exchange one bond to buy another prevents this. Harmless warrants only apply if the bonds are similar in every way except maturity.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
No references found			Hard Copy hard costs Hard Currency Hard Dollars Hard Dot Hard Ecu Hard Edge Hard Hat Hard Insurance Market Hard Landing Hard Loan Hard Manufacturing Hard Money Hard Offer Hard Proof Page Hard Red Winter Wheat Hard Sell Hard Side Hard-Core Unemployed Hard-to-Borrow List Harden Hardening Hardship Hardship Allowance Hardship Withdrawal Harmless Warrant Harmonic Average Harmonized Index of Consumer Prices Harmonized Sales Tax Harmonized System Harmonized System Committee Harmonized Tariff Schedule Harrod-Domar Growth Model Harrod-Neutral Technical Progress Harry Dexter White Harry Markowitz Hart-Scott-Rodino Act Harter Act Harvesting Strategy Harvey, Campbell R. Hash Total Hassei Shugi Hatch Hatchet Man Hau Haulage Haurlan Index Have Hair Hawk Hawkish Hawthorne Effect			harmful physical contact Harmful snakes Harmful snakes harmful-to-minors harmfully harmfully harmfulness harmfulness harmfulness harmfulness Harmhab Harmindar Sahib Harmine Harmine harming harming harming harming harming harmless harmless Harmless error Harmless error rule harmless snakes Harmless Sumac Harmless Sumac Harmless Sumac Harmless Sumacs Harmless Sumacs Harmless Sumacs Harmless Warrant Harmless Warrants harmless-depth theory harmlessly harmlessly harmlessness harmlessness Harmodius Harmodius and Aristogeiton Harmodius and Aristogiton harmol Harmolodic Harmolodics Harmolodics Records Harmon College of Business Administration Harmon County Harmon County, OK Harmon County, Oklahoma Harmon Drew Super Group Harmon, Judson Harmon, Judson Harmondsworth and Sipson Residents Association Harmoni Amal Titian Ilmu Harmonia Harmonia Harmonia Harmonia's necklace harmonic harmonic harmonic acceleration test harmonic acceleration test

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.