Detachable warrant
Detachable warrant is a warrant that can be detached and traded separately from the underlying security. Most warrants are detachable.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Detachable warrant. A warrant that can be detached and traded separately from the underlying security. Most warrants are detachable.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Detachable warrants. Warrants that can be detached from a bond and traded independently of the bond.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
