what is a put or call warrant
DEFINITION of 'Put Warrant'. A type of security that gives the holder the right (but not the obligation) to sell a given quantity of an underlying asset for an agreed upon price on or before a specified date.
In gold warrants, a gold derivative is an investment product that offers price exposure to gold, but does not deal in actual physical gold. It is a speculation on the price of gold either rising or falling. There are two types of warrants. A call warrant is the right to buy a share at a predetermined price.