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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.
Definition - What does Blanket Coverage mean? Blanket coverage is insurance coverage for multiple similar properties at different locations. As opposed to specific coverage, it is not limited to one location. Besides real estate, blanket coverage can also cover other assets, such as personal property and mortgage investments.