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Covered warrant

• Is a derivative contract written against the underlying stock position. However, these warrants are not issued by the corporation of the underlying security but they are offered by investment underwriters. There are also put and call warrants written against indices, baskets, and other securities.

 
 Embedded terms in definition
 Call
Contract
Corporation
Derivative
Position
Put
Securities
Security
Stock
Underlying security
Underlying
 
 Related Terms
 

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