The purpose of meiosis is to reduce the normal diploid cells (2 copies of each chromosome / cell) to haploid cells, called gametes (1 copy of each chromosome per cell). In humans, these special haploid cells resulting from meiosis are eggs (female) or sperm (male). In yeast cells, they are spores.
Third-party warrant is a derivative issued by the holders of the underlying instrument. Suppose a company issues warrants which give the holder the right to convert each warrant into one share at $500. This warrant is company-issued.
BREAKING DOWN 'Put Warrant'. There are two types of warrants - put warrants and call warrants. All warrants have an expiration date - the last day that the rights of the warrant can be exercised. If a warrant is not exercised before the end of its fixed tenure, it expires worthless.