exercise an option

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Related to exercise an option: call option, European call option
See: choose, elect
References in periodicals archive ?
Nasdaq:LROD), today announced that Dialogic Corporation, an Intel company, will not exercise an option to acquire a fully paid up software license but will continue with its license for the Company's software pursuant to a Software License Agreement dated February 16, 2001.
That would create enormous administrative burdens and considerable differences in the amount of overtime that individual employees would receive, based on when they decided to exercise an option.
Nasdaq/NM:PHHM), announced that the Company will exercise an option later this month to purchase eight retail superstores in eastern and central North Carolina.