equity
131equity securities — Broadly: • Shares that carry an unlimited right to participate in a distribution of income and capital (relevant shares). • A right to subscribe for, or convert securities into, relevant shares (section 94, Companies Act 1985). For the purposes… …
132equity warrants — Also known as share warrants. Certificates, usually valid for a stipulated period of time, that give the holder the right to subscribe for shares at a stipulated price. The warrants can often be traded independently from the underlying shares.… …
