warrant
as defined in Directive 2006/49/EC of the European Parliament and of the Council of 14 June…, Article 3(1), point (k)
a security which gives the holder the right to purchase an underlying asset at a stipulated price until or at the expiry date of the warrant and which may be settled by the delivery of the underlying itself or by cash settlement;
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Also defined in
- Council Directive 93/6/EEC of 15 March 1993 on the capital adequacy of investments firms and credit institutions 31993L0006, Article 2, point (15)
an instrument which gives the holder the right to purchase a number of shares of common stock or bonds at a stipulated price until the warrant's expiry date. They may be settled by the delivery of the securities themselves or their equivalent in cash