Business / Taxes / Exercise: When you act on a buying or selling opportunity that you have been granted under the terms of a contract, you are said to exercise a right. Contracts may include the right to exchange stock options for stock, buy stock at a specific price, or buy or sell the security or product underlying an option at a specific exercise price. For example, if you buy a call option giving you the right to buy stock at $50 a share, and the market price jumps to $60 a share, you'd likely exercise your option to buy at the lower price.
Exercise Noun Synonyms: work out, limber up, warm up, train, drill
Exercise Verb Synonyms: harass, annoy, irritate, vex, harry, distress, worry, concern, burden, try, trouble, perturb, disturb, agitate, make nervous, drive crazy, drive up the wall
Exercise Adjective Synonyms: employ, apply, practise, bring to bear, put to use or effect, discharge, exert, wield, execute, utilize, effect
Health / Fitness / Compound Exercise: A group of exercises where more than one joint is extended or flexed. A squat is a great example of a compound exercise because of the knees and hips both being used in the exercise. MORE
Business / Finance / Nominal Exercise Price: The exercise price of a GNMA option contract, which equals the unpaid principal balance multiplied by the adjusted exercise price. MORE