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English definition of “warrant”

warrant

noun [C]     /ˈwɒrənt/
FINANCE the right to buy a company's shares at a particular price by a particular date : The company has the right to exercise warrants for the stock , up to a maximum of 5% of the total shares outstanding .
LAW a legal document that gives someone, for example , the police , the authority to do something: an arrest warrant
→ See also bond warrant, covered warrant, dividend warrant, share warrant, stock warrant, warehouse warrant
(Definition of warrant noun from the Cambridge Business English Dictionary © Cambridge University Press)
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