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English definition of “warrant”

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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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