Banking & Finance Glossary—W
Banking & Finance Glossary—W

The following Banking & Finance practice note provides comprehensive and up to date legal information covering:

  • Banking & Finance Glossary—W
  • Warrant
  • Lexis®PSL resources
  • Widows and orphans provision
  • Lexis®PSL resources
  • Withholding tax
  • Lexis®PSL resources
  • Work-out
  • Lexis®PSL resources
  • Working Capital

Warrant

A tradeable security which gives the holder the right, but not the obligation, to buy or sell a specified asset at a specified price on a specified date or dates. A warrant is a kind of derivative—it derives its value from the underlying asset and is a way of obtaining exposures to the value fo the underlying asset without owning it. Warrants are sometimes described as ‘securitised derivatives’—ie derivatives in the form of securit

Popular documents