Warrant A type of security that gives the holder a right but not the obligation to buy or sell the instrument at a specified price (the strike or exercise price)by a certain date. Home Resources Startup Law Dictionary Warrant Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :