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To put into action, practice, or force; to make use of something, such as a right or option.

To exercise dominion over land is to openly indicate absolute possession and control.

To exercise discretion is to choose between doing and not doing something, the decision being based on sound judgment.

References in periodicals archive ?
Those who report not having exercised at all in the past week are almost twice as likely to report having been diagnosed with depression as those who report having exercised five to six days.
Assume that all the options are exercised, resulting in a tax deduction of $2,000.
How long should the employee hold exercised options?
However, it does apply to an option at the time it is exercised.
Exhibit 3, below, illustrates this approach using a 2.0 early exercise factor (cell B9) that assumes all options will be exercised for pretermination nodes in years 3 or earlier if the stock price reaches $60--double the $30 exercise price.
* Incentive stock options: No income is recognized when ISOs are exercised.
If an ISO is exercised with previously acquired shares, resulting in a basis allocation between shares deemed acquired in exchange under section 1036 and other shares as described above, and there is then a disqualifying disposition of some of the shares acquired pursuant to the ISO, the stock with the lowest basis is deemed to be disposed of.(28)
21, 2000, Merlo exercised ISOs to purchase 46,125 shares of Exodus common stock at 20 cents per share, for a total exercise price of $9,225.
Employees who had exercised their stock options after borrowing heavily from the company figured they had struck the mother lode and spent accordingly--buying expensive cars and homes.
Alternatively, she would have avoided the loss of most of her exercise price and all of the AMT tax debt if she had simply never exercised the options.
After one year, the women who exercised had better balance, stronger bones, and more muscle than the women who didn't exercise.
The purchase price may not be less than the lesser of 85 percent of the fair market value of the stock at the time the option is granted, or 85 percent of the fair market value of the stock at the time the option is exercised. These purchase opportunities are generally available via payroll deductions and are subject to rigid requirements regarding participation, stock holding periods, and administration.(5)