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United Kingdom
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Key definition
Warrant definition

What does Warrant mean? In practice, a warrant is a tradable right giving the holder, but not the obligation, to buy or sell an underlying asset (typically shares, but also bonds, indices, currencies or commodities) at a fixed exercise price on or before a stated expiry date. It is a securitised derivative: its value derives from the underlying, and it provides price exposure without owning the asset. Key features: - Transferable security; commonly listed and traded on-exchange. - Not a debt instrument: no principal amount, no covenant to repay and no interest. - May be physically settled (subscription for new shares) or cash-settled; American or European...

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Writs and warrants in England and Wales: permission to issue, CPR 23 applications, validity, extensions and priority (including writs and warrants of control)

Practice notes
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This Practice Note explores whether permission is needed to obtain a writ or Warrant, how long such writs and Warrants stay valid, and the ranking of issued writs and warrants.

For guidance on specific writs and warrants, see Practice Notes:

  • How to obtain a writ of Control
  • How to obtain a warrant of control
  • How to obtain a writ of delivery
  • How to obtain a warrant of delivery
  • Writs of sequestration to enforce a judgment or order
  • Enforcing a judgment or order for possession of land

Do I need the court's permission to issue a writ or warrant?

In general, you only require the court’s permission to issue a writ or warrant if one of the CPR 83.2(3) criteria is met, namely:

  • six years or more have passed since the date of the judgment or order—for a summary of the principles applicable when permission is sought to enforce a judgment or order over six years old, see Strategic Technologies Pte Ltd v Procurement Bureau of the Republic of China Ministry of National Defence at paras [31]–[38]
  • there has been any change to the parties...
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Web page updated on 21/05/2026

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