{"iri":"https://folio.openlegalstandard.org/R98POOtFBXqIJoQNbeL7SzR","label":"Covered Warrant","sub_class_of":["https://folio.openlegalstandard.org/RCiwr86zmjFFCLgof7UXAiU"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Third-Party Backed Warrant","alternative_labels":["Fully Backed Warrant","Fully Collateralized Warrant","Secured Warrant","Third-Party Covered Warrant"],"translations":{},"hidden_label":null,"definition":"A Covered Warrant is a financial instrument issued by a third party that is not the issuer of the underlying securities to which the warrant refers. The issuer of the covered warrant holds a sufficient quantity of the underlying securities to cover all the warrants if they are exercised, providing a level of security to the warrant holders.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}