Examlex
All of the following were true of Gassendi except:
Warrants
Securities that grant the holder the right to purchase the company's stock at a predetermined price before a specified date.
Implicit Call Option
A feature embedded in certain financial instruments or contracts that gives the issuer the right, but not the obligation, to take some action under specified conditions.
Loan Guarantees
Agreements in which a third party (the guarantor) agrees to repay the debt or perform an obligation if the debtor defaults.
Implicit Call Option
An option embedded in an investment that gives the holder the right but not the obligation to undertake certain actions under specific conditions.
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