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DEFINITION of 'Warrant Coverage'. An agreement between a company and its shareholders whereby the company issues warrants equal to some percentage of the dollar amount of the shareholder's investment. Next Up.
A warrant is a court-sanctioned document that authorizes a person, usually a law enforcement officer, to take a particular action. Many different types of warrants are available, including  criminal and civil warrants. A criminal warrant is typically used to secure evidence or apprehend suspects in criminal cases.