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Exercise
definition:
As a verb, to use the right to purchase shares at a pre-determined price, thus “to exercise an option”. As a noun, the process of exercising an option. (see also Grant, Award, Vest)
 
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GEO hopes to continue to revise and refine this first iteration of the glossary over time by utilizing the comments and contributions of GEO members. If you find that there is a widely used term missing from the library, you may add ti using the "Add A Term" button below. You may also add your own comments regarding the definition of any of the expressions or phrases that appear in the glossary by typing your comments in the text box which appears after each definition on the Term Detail page, and then submitting your comment. Each comment entered will appear as an addendum along with the current definition on the Definition Detail page and we will use these comments to refine the definitions so that we can continue to present the most current and up-to-date meanings of each of the expressions or phrases used in the equity compensation industry.

    
Glossary of Terms

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GEO Glossary of Terminology

GEO hopes to continue to revise and refine this first iteration of the glossary over time by utilizing the comments and contributions of GEO members. You may add your own comments regarding the definition of any of the expressions or phrases that appear in the glossary by writing in the comments box which appears after each definition and then submitting your comment. Each comment entered will appear as an addendum along with the current definition on the Definition Detail page and we will use these comments to refine the definitions so that we can continue to present the most current and up-to-date meanings of each of the expressions or phrases used in the equity compensation industry.