exercisable

Vocabulary Word

Definition

'Exercisable' refers to something that can be put into practice or action. It's like having a skill you can use whenever you need it.

Examples in Different Contexts

In financial management, knowing when options are 'exercisable' is essential. A financial advisor might say, 'Determining the exercisable period of our stock options is critical to optimize our investment strategy and maximize returns.'

Practice Scenarios

Tech

Scenario:

Our latest software update will offer new features for users. This update will maximize usability and overall experience.

Response:

Making all the features exercisable for our users will certainly enhance our product's usability and attractiveness.

Legal

Scenario:

The court has been very specific about the visitation rights granted. It's important we work within these parameters.

Response:

Absolutely, we must ensure that all exercisable visitation rights are properly facilitated and documented.