TechnologyAugust 10, 2026
exercisable
ek-SUR-sih-zuh-bul
Definition
Refers to a financial right or option that can be put into effect or utilized by the holder at a specific time or under certain conditions.
Etymology
Derived from the Latin 'exercere,' meaning to keep busy or practice, which evolved into Middle English to describe the performance or application of a right or power.
In the news
The article mentions that Boeing holds an interest that is exercisable, meaning Boeing has the legal right to convert or claim its stake in the aviation venture at a later date.
Boeing Hands Flying-Taxi Venture To Archer Aviation With Nearly 20% Stake
Read the full article ↗Simple Flying