Stepped-up exercise price
Stepped-up exercise price is the exercise price that is specified to rise if warrants are not exercised before designated dates.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Stepped-up exercise prices. Exercise prices that are specified to rise if warrants are not exercised before designated dates.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
