What security gives the holder an option to purchase a specified number of shares at a predetermined price within a certain period of time?

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An equity warrant gives the holder the right, but not the obligation, to purchase a specified number of shares at a predetermined price within a certain period of time. This differs from a convertible bond, which allows the holder to convert the bond into a specified number of shares but does not give the option to purchase at a predetermined price. A put option gives the holder the right to sell a specified number of shares at a predetermined price within a certain period of time, while a repurchase agreement is an agreement between two parties for the sale and future repurchase of a financial asset.

What Security Gives the Holder an Option to Purchase a Specified