perpetual warrant
- noun
- Specialized
:
warrant perpetuo
- He purchased a perpetual warrant to obtain the right to buy shares at a fixed price indefinitely.
Examples
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Investors appreciate that a perpetual warrant has no fixed expiration date, offering more flexibility.
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The company issued a perpetual warrant as part of its effort to raise capital.
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He purchased a perpetual warrant to secure the right to buy shares whenever he chooses.
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A perpetual warrant is a great investment.
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The company issued a perpetual warrant to attract investors.
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Many investors prefer a perpetual warrant because it allows them to buy shares without a deadline.
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The board decided to issue a perpetual warrant to provide shareholders with more investment options.
How Long
- Specialized
- Specialized
7
8.1
Surface Forms
Morphology
The meaning is directly compositional: 'perpetual' (continuing indefinitely) modifies 'warrant' (a security granting the right to purchase shares), so a 'perpetual warrant' is a warrant with no expiration. This follows standard adjective+noun semantics and is non-idiomatic, so a B1 learner who knows both constituents should be able to infer the meaning.
Etymology
The term perpetual warrant is like a special ticket you can keep forever. The word warrant is a document that gives a 'right to buy' shares at a fixed price and perpetual means it has 'no expiration date', so the phrase describes a financial right to buy shares whenever you want.