Exercise
/ˈɛksərsaɪz/
Definitions
- (v.) To put into action or execution; to employ or carry out a right, power, or faculty.
The shareholder exercised her right to vote at the meeting.
- (n.) The act of using or applying a legal right or power.
The exercise of the option must be done within 30 days.
Forms
- exercises
- exercised
- exercising
Related terms
See also
Commentary
Ensure clarity whether 'exercise' refers to the act of using a right or the performance itself, as context may affect interpretation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.