/ɪksərˈsaɪzəbəl raɪt/ – Phrase
Definition: quyền có thể thực thi được.
A more thorough explanation: An exercisable right refers to a legal entitlement or privilege granted to an individual or entity that can be utilized or put into effect at a future time. This right typically allows the holder to take a specific action, such as buying or selling an asset, entering into a contract, or making a decision, in accordance with the terms and conditions specified in a legal document or agreement.
Example: The shareholder has an exercisable right to purchase additional shares at a discounted price.