(usually plural) a ceremony that involves processions and speeches(noun.event)
Example: Academic exercises.
source: wordnet30
The act of exercising; a setting in action or practicing; employment in the proper mode of activity; exertion; application; use; habitual activity; occupation, in general; practice.(noun)
To set in action; to cause to act, move, or make exertion; to give employment to; to put in action habitually or constantly; to school or train; to exert repeatedly; to busy.(verb)
source: webster1913
To exercise one's self, as under military training; to drill; to take exercise; to use action or exertion; to practice gymnastics; as, to exercise for health or amusement.(verb)