act and warrantglossary / ACT AND WARRANT act and warrant. Scots law. A sheriff’s order appointing a trustee in bankruptcy, upon which the trustee assumes office and becomes vested with the bankruptcy estate. 词条贡献者 双语律师Benita,国际知名法学院金融专业,擅长翻译各类与项目开发及融资相关的法律文件。