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

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