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English definition of “exercise”

exercise

verb   /ˈeksəsaɪz/
[I or T] to do physical activities to make your body strong and healthy: This product is aimed at people who exercise on a regular basis.
[T] to use something such as a right or choice: exercise a right/power/choice The landlord may exercise his right to review the rent. exercise power/control/influence (over sth)
exercise an option FINANCE to buy or sell the shares, etc. that are mentioned in an options contract (= an agreement giving the right to buy and sell shares in the future): Anyone who exercised such an option would immediately lose money.
(Definition of exercise verb from the Cambridge Business English Dictionary © Cambridge University Press)
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