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option
[op-shuhn]
noun
the power or right of choosing.
something that may be or is chosen; choice.
the act of choosing.
an item of equipment or a feature that may be chosen as an addition to or replacement for standard equipment and features.
a car with a long list of extra-cost options;
a telephoto lens option for a camera.
a privilege acquired, as by the payment of a premium or consideration, of demanding, within a specified time, the carrying out of a transaction upon stipulated terms; the right, as granted in a contract or by an initial payment, of acquiring something in the future.
We bought one lot and took a 90-day option on an adjoining one.
Football., a play in which a back has a choice of either passing or running with the ball.
verb (used with object)
to acquire or grant an option on.
The studio has optioned his latest novel for film adaptation.
to provide with optional equipment.
The car can be fully optioned at additional cost.
option
/ ˈɒpʃən /
noun
the act or an instance of choosing or deciding
the power or liberty to choose
an exclusive opportunity, usually for a limited period, to buy something at a future date
he has a six-month option on the Canadian rights to this book
commerce the right to buy ( call option ) or sell ( put option ) a fixed quantity of a commodity, security, foreign exchange, etc, at a fixed price at a specified date in the future See also traded option
something chosen; choice
short for local option
not to commit oneself
See soft option
verb
(tr) to obtain or grant an option on
Other Word Forms
- optionable adjective
- preoption noun
Word History and Origins
Word History and Origins
Origin of option1
Synonym Study
Example Sentences
She explained the alternative option was for her to "discharge" the jury from giving a verdict in the case of Ms Gonzalez, which she did.
"I feel like we've got some good options if we do get stretched, which is one of the great things of domestic cricket in Australia," he said of the bowling stocks.
But if you want to get paid to buy stocks, a straightforward options trading strategy is useful.
Flynn said another option could be a dismissal without prejudice, which means the government could bring the case against their clients again.
At the hearing Tuesday, the judge said the college had the option to put out a new public notice and hold another meeting where the board could vote again.
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