perpetual warrant


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Perpetual Warrant

A certificate without an expiration date, usually issued with a bond or preferred stock, giving the holder the option of buying an underlying asset (in this case, usually more securities) at a certain strike price, which is usually higher than the market value of the underlying asset at the time of issue. Some warrants expire a few years after issuance but perpetual warrants can theoretically last forever. Unlike options, warrants are issued by companies during a round of financing, rather than by an individual investor or brokerage. Companies issue warrants to attract investors who might not otherwise be interested. See also: Sweetener.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

perpetual warrant

A warrant that has no expiration date. Although many warrants have relatively long maturities, few are perpetual.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The court issued perpetual warrants for her arrest and kept the matter pending till her surrender.
Non-billable perpetual warrants arrest shall be issued against them.'
Earlier, the court had issued perpetual warrants for Hussain and Hassan Nawaz's arrest and separated their trial from other members of the family.
On February 3, an ATC had issued perpetual warrants of arrest against Khan and Qadri in a case related to an attack on a senior police officer during the 2014 dharna which paralysed Islamabad.
7/2018 on October 05 before a special court which has issued perpetual warrants to arrest Haqqani".
The court also issued perpetual warrants for their arrest and separated their trial from other members of the family.
KARACHI -- The Anti-Terrorism Monitoring Cell will be made functional and the arrest of proclaimed offenders and absconders against whom perpetual warrants have been issued by Anti-Terrorism Courts shall be ensured.
It had issued perpetual warrants for the arrest of the four absconders in question.
During the hearing, the investigation officer requested the court to issue perpetual warrants for arrest of the accused.
Court issues perpetual warrants for arrest of ex-revenue board member
ISLAMABAD -- Federal Investigative Agency Prosecutor has said that former military ruler Pervez Musharraf will be arrested as soon as he returns to Pakistan from self-exile as an anti-terrorism court has issued "perpetual warrants" for him.
It issued perpetual warrants for the arrest of Mr Musharraf for being an absconder in the case.