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词汇 exercise-an-option
释义 exercise an option
collocation
 formal
to choose to do something, especially something that is part of a legal agreement:
In the end they chose not to exercise the renewal option.
They exercised a contractual option to pull out of the game.
finance & economics specialized
to buy shares according to an earlier agreement giving you the right to buy them in the future:
He exercised options on 2,600 shares at roughly $68 per share.
They are not required to report the profit made on exercised options.
See
exercise
option
The company exercised its option to buy a large stake in a Belgian electricity supplier.
There are reports now that they are very close to exercising a military option.
SMART Vocabulary: related words and phrases

Using and misusing
adopt
adoption
avail
avail yourself of something
be/go heavy on somethingidiom
exhaust
go into something
go through
gobble something up
make capital out of somethingidiom
max
spare
spent
swallow
tap
turn to someone/something
turn/use something to good accountidiom
unblock
underuse
underused

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