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Exercise and Commitment

noun

  • The activity of exerting your muscles in various ways to keep fit.
    • usage: "the doctor recommended regular exercise"; "he did some exercising"; "the physical exertion required by his work kept him fit"
  • The act of using.
    • usage: "he warned against the use of narcotic drugs"; "skilled in the utilization of computers"
  • Systematic training by multiple repetitions.
    • usage: "practice makes perfect"
  • A task performed or problem solved in order to develop skill or understanding.
    • usage: "you must work the examples at the end of each chapter in the textbook"
  • Usually plural. ( a ceremony that involves processions and speeches)
    • usage: "academic exercises"

verb

  • Put to use.
    • usage: "exert one's power or influence"
  • Carry out or practice; as of jobs and professions.
    • usage: "practice law"
  • Give a workout to.
    • usage: "Some parents exercise their infants"; "My personal trainer works me hard"; "work one's muscles"; "this puzzle will exercise your mind"
  • Do physical exercise.
    • usage: "She works out in the gym every day"
  • Learn by repetition.
    • usage: "We drilled French verbs every day"; "Pianists practice scales"

Exercise is the action taken by the holder of an option or convertible security to convert his derivative position into the underlying security, commodity or futures. In the case of the option the exercise of a call would give the owner of the call the underlying instrument or cash settlement adjustment. In the case of a convertible bond, the owner of the bond terminates that contractual relationship in exchange for shares in the corporation. The owner of the option is the only one that exercises. However, there are mandatory exercises for expiring options that are in-the-money by more than the stipulated threshold amount. Also, there may be built-in event options that take priority over the owner of the securities right to exercise. Nevertheless, this nesting of options still defers to rules that establish which party holds, which options.

(DoD) A military maneuver or simulated wartime operation involving planning, preparation, and execution. It is carried out for the purpose of training and evaluation. It may be a multinational, joint, or single-Service exercise, depending on participating organizations. See also command post exercise; field exercise; maneuver.

noun

  • The trait of sincere and steadfast fixity of purpose.
    • usage: "a man of energy and commitment"
  • The act of binding yourself (intellectually or emotionally) to a course of action.
    • usage: "his long commitment to public service"; "they felt no loyalty to a losing team"
  • An engagement by contract involving financial obligation.
    • usage: "his business commitments took him to London"
  • A message that makes a pledge.
  • The official act of consigning a person to confinement (as in a prison or mental hospital. ).

Commitment is a promise by a lender to make a loan on specific terms or conditions to a borrower or builder. A promise by an investor to purchase mortgages from a lender with specific terms or conditions. An agreement, often in writing, between a lender and a borrower to loan money at a future date subject to the completion of paper work or compliance with stated conditions.