Bumfuzzle was one of our most searched for words after many people encountered the word in The New York Times and found themselves, well, bumfuzzled (the word means âto confuse, perplex, or flusterâ). âIâm bumfuzzled by the whole thing,â said Mr. Georgas, now the president of Cravens. âI donât think sheâll win the state.
DEFINITION of 'Warrant'. A derivative security that gives the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue as a sweetener to entice investors.
Bench Warrants. A bench warrant is a legal document issued by a judge that authorizes a personâs arrest. It is called a âbenchâ warrant because it is issued by the judge while sitting âon the benchâ in the courtroom. A bench warrant generally is assigned a bond amount when it is issued.