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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

exercise  

Definition 1.

Definition 1
 

Definition 2.

An action by a stockholder taking advantage of a privilege offered by a company or other financial institution. This includes warrants, options, and other exotic financial instruments.
 

Definition 3.

To implement the right of the holder of an option to buy (in the case of a call) or sell (in the case of a put) the underlying security.
 
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