Voting Right The common shareholder’s right to vote their shares in the affairs of the company. The right to vote may be delegated by the shareholder to another person.
Warrant A type of security that entitles the holder to buy a proportionate number of common shares or preferred shares at a specified price for a period of years. Warrants are usually issued together with a loan, a bond or preferred shares, and act as sweeteners to enhance the marketability of the accompanying securities. They are also known as share-purchase warrants and subscription warrants. Write–Of f The act of changing the value of an asset to an expense or a loss. A write-off is used to reduce or eliminate the value of an asset and reduce profits.
112 A Practical Guide to Angel Investing: How to Achieve Good Returns
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