WEDDING WARRANT
Wedding Warrant is a type of warrant that can only be exercised once a host asset, usually a bond or stock, is surrendered. When the call date of the host asset is reached, the holder needs to surrender an equal amount of host asset and after that time be able to buy non-callable bonds. It is also called "harmless warrant" or "wedded warrant."
POPULAR TERMS
Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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