# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Exercise

In investment terms, this is the action taken by the holder of a call option if they wish to purchase the underlying security.

It also refers to the holder of a put option if they wish to sell the underlying security.

The term is also used to describe the action taken by a holder of a security with rights or warrants.

 

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