Meaning of “exercisable” in the English Dictionary


"exercisable" in Business English

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uk /ˈeksəˌsaɪzəbl/ us FINANCE

if an option (= right to buy or sell shares, etc.) is exercisable on a particular date, the shares mentioned in it can be bought or sold then:

The options will be exercisable after three years.

(Definition of “exercisable” from the Cambridge Business English Dictionary © Cambridge University Press)