An option that gives the owner the right to purchase shares in the company at a pre-set price (this set price is usually called the strike price). Warrants are used to cheapen the cash cost of debt for the borrower.
Warrant
in Definitions.
in Definitions.
An option that gives the owner the right to purchase shares in the company at a pre-set price (this set price is usually called the strike price). Warrants are used to cheapen the cash cost of debt for the borrower.