exercise

(redirected from Exercising the option)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.

exercise:

see physical fitnessphysical fitness,
combined good health and physical development. The object of any program of physical fitness is to maximize an individual's health, strength, endurance, and skill relative to age, sex, body build, and physiology.
..... Click the link for more information.
.

exercise

1. US and Canadian a ceremony or formal routine, esp at a school or college
2. Gymnastics a particular type of event, such as performing on the horizontal bar
References in periodicals archive ?
We are pleased the Navy has shown its confidence in our ability to perform this requirement by exercising the option for message system support in Guam," commented Al Lane, President of RRC.
The company said it aimed to use the raised proceeds for purposes, including exercising the option for the third rig.
422(a)(2) states that the employee must have been an employee beginning on the date that the option was granted and up to three months prior to exercising the option. If the ISO meets both of the requirements, the disposition will be a qualifying disposition and receive capital gain treatment.