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English definition of “exercise”

exercise

noun     /ˈeksəsaɪz/
[C or U] physical activity that you do to make your body strong and healthy: do/take exercise The office has a gym for those who like to do exercise in their lunch hour. There are many types of equipment out there in the exercise market. exercise equipment/machines
[C] an action or actions intended to improve something or make something happen: 10,000 scientists and businessmen took part in an exercise to identify technology trends. The outing was arranged by the firm as part of a team-building exercise. a cost-cutting exercise a brainstorming exercise
[U] formal the use of something such as a right, choice, or power: The document sets out guidelines on the exercise of voting rights.
[U] formal the act of doing a particular job: Many journalists have lost their lives in the exercise of their profession.
the exercise of an option FINANCE the act of buying or selling the shares, etc. that are mentioned in an options contract (= an agreement giving the right to buy and sell shares in the future): Shares will be transferred within 28 days of the exercise of an option.
(Definition of exercise noun from the Cambridge Business English Dictionary © Cambridge University Press)
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