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Corporate and Institutional Glossary

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E
Economic Life (Useful Life)
Effective Date
Effective Lease Rate
End Of Term Options
Endorsement
Equipment Schedule
Equity
Equity Participant
Escheat
European Style Option
Exchange Controls
Exchange Period
Exchange Rate
Exchange Risk
Exchangor
Executor
Current TermExercise
Exercise Price (Strike Price)
Expiration Date
Expiration Date (Maturity)
Export
Export Broker
Export License
Exercise
To invoke the right granted under the terms of an option contract. The holder is the only one who exercises. Call holders exercise to buy the underlying currency, while put holders exercise to sell the underlying currency.

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