Put Warrant

Put Warrant

A warrant attached to a share giving the shareholder the right to sell the share at a certain strike price on or before a stated expiration date. A put warrant operates much like a put option. The main difference is that a put option is a separate contract between two parties, while a put warrant is attached to a share directly, especially as a sweetener.
References in periodicals archive ?
The three towns that make up the regional school district - Lancaster, Bolton and Stow - are scrambling to put warrant articles on their May 5 town meeting agendas to allow residents to vote on the 10-year bond issue needed for the project.
But before "You Sarky Plod Basher" letters fly in, let's put warrant cards on the table.
22 million adjustment of a common stock put warrant to fair value, pretax profits grew 16.
For put warrant of domestic securities or indices, the sixth digit of the warrant security code will remain "P", with the code assignments to start from 70001P.