Detachable warrant
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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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.