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From: WordNet (r) 2.0

 stock warrant
      n 1: a type of security issued by a corporation (usually together
           with a bond or preferred stock) that gives the holder
           the right to purchase a certain amount of common stock
           at a stated price; "as a sweetener they offered warrants
           along with the fixed-income securities" [syn: warrant,
            stock-purchase warrant]
      2: a written certificate that gives the holder the right to
         purchase shares of a stock for a specified price within a
         specified period of time