TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

EXERCISE NOTICE [1 record]

Record 1 1991-10-30

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

The document submitted to the clearing corporation from a long option holder indicating that the holder wants to exercise his call (i.e. - take delivery and pay for the underlying stock) or exercise his put (i.e. - deliver and receive payment for the underlying stock). Every tender of an exercise notice to a clearing corporation is irrevocable.

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Document soumis à la compagnie de compensation par un titulaire d'option indiquant qu'il désire lever son option d'achat (c.-à-d. prendre livraison des actions sous option et les payer) ou son option de vente (c.-à-d. livrer les actions sou option et en recevoir le paiement). Toute présentation d'un avis de levée d'option à la compagnie de compensation est irrévocable.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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