verb
Meaning 1
To undo the use of (a right, an option, etc.).
Definition source: English Wiktionary via Wiktextract
Usage: rare, transitive
Examples
- 2018, Ginsburg & Levin, Rocap, Mergers, Acquisitions, and Buyouts, December 2018 Edition Where stock prices fall sharply after an executive exercises a Newco stock option, the executive may end up holding Newco stock worth less than the taxes triggered by option exercise. In such case, the executive may wish to "unexercise" the option and calculate his taxable income as if the option had never been exercised.
Meaning relationships
Synonyms: none provided
Antonyms: none provided