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.
5 Warrants l A warrant is a security issued by a company that provides the holder with the right to buy a share of stock in the company at a fixed price during the life of the warrant. l A warrant is therefore a long term call option on the equity of the firm and can be valued using option pricing models.