warrant
noun [ C ]
uk/ˈwɒrənt/ us 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
warrant
verb [ T ]
uk/ˈwɒrənt/ usto promise that something is true, or say that it is certain that something will happen:
Our products are warranted against defects in materials and workmanship.