词汇 | covered-warrant |
释义 | covered warrant noun[ C ] ukus FINANCE an agreement that allows a person, usually someone who is already a shareholder, to buy or sell an investment that is based on shares, bonds, etc. at a fixed price before a fixed date. Covered warrants are bought and sold through financial institutions that already own the shares, etc. connected with the warrant before they sell them to investors. Examples of covered warrantcovered warrant They are limited liability instruments so there are no further payments or margin calls required to maintain a coveredwarrant position. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Covered warrants offer a flexible alternative to private investors who seek to gain the leverage benefits of derivatives, but who wish to limit their risk. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These are also called covered warrants and are settled for cash, e.g. do not involve the company who issues the shares that underlie the warrant. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Covered warrants have an average life of 6 to 12 months, although some have maturities of several years. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. With covered warrants the maximum loss is limited to the price paid for the warrant (ask or offer price) plus any commission or other transaction charges. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is because covered warrants, just like options, can be created to allow holders to benefit from either rising prices or falling prices, by having both put and call warrants. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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