Dictionary entry
stock warrant
/stɔk ˈwɔrənt/
noun
认股权证
a financial certificate that gives the holder the right to buy a specified number of the company's shares at a set price before a certain date
流通票据；可转让票据
In use
The company issued a stock warrant to every new investor as part of the funding deal.
She decided to exercise her stock warrant before the price of the shares went up.
Holding a stock warrant gives you the right to buy a fixed number of shares at a set price.
exercise a stock warrant
The investor decided to exercise the stock warrant before the expiration date.
投资者决定在到期日前行使认股权证。
stock warrant expires
The stock warrant expires in two years.
该认股权证两年后到期。
issue a stock warrant
The company issued stock warrants to its shareholders.
公司向股东发行了认股权证。
Common mistakes
The company issued stock options to raise capital.The company issued stock warrants to raise capital.
中文学习者常将认股权证（stock warrant）与股票期权（stock option）混淆。两者都是股票衍生品，但认股权证通常由公司发行，而股票期权是交易所交易的标准合约。此处指公司发行，应用stock warrant。
I bought stock warrant yesterday.I bought a stock warrant yesterday.
中文中没有冠词，学习者容易漏掉不定冠词。stock warrant是可数名词单数，因此需要加冠词a。
Connections
Confusing words
- stock option
- 股票期权 · stock warrant是公司发行的认购权证，通常期限较长；stock option是交易所交易的期权，期限较短且标准化。
- stock
- 股票 · stock指公司股份本身，而stock warrant是购买股份的权利凭证。
Learner notes
Grammar Note
可数名词
Dictionary facts from ECDICT.