-
Option (noun)
One of a set of choices that can be made. from the 19th c.
-
Option (noun)
The freedom or right to choose.
-
Option (noun)
A contract giving the holder the right to buy or sell an asset at a set strike price; can apply to financial market transactions, or to ordinary transactions for tangible assets such as a residence or automobile. from the mid-18th c.
-
Option (noun)
A button on a screen used to select an action .
-
Option (verb)
To purchase an option on something. from the 20th c
“The new novel was optioned by the film studio, but they’ll probably never decide to make a movie from it.”
-
Option (verb)
To configure, by setting an option.
-
Optionality (noun)
The value of additional optional investment opportunities available only after having made an initial investment.
“The short-term payoff for this is modest, but the optionality value is enormous.”
-
Optionality (noun)
Quality or state in which choice or discretion is allowed.
“Some offices do not follow the corporate procedure, due to a culture of optionality.”
-
Option (noun)
a thing that is or may be chosen
“choose the cheapest options for supplying energy”
-
Option (noun)
the freedom or right to choose something
“he has no option but to pay up”
“she was given the option of resigning or being dismissed”
-
Option (noun)
a right to buy or sell a particular thing at a specified price within a set time
“Columbia Pictures has an option on the script”
-
Option (verb)
buy or sell an option on
“his second script will have been optioned by the time you read this”
-
Optionality (noun)
the quality of being available to be chosen but not obligatory
“these projects provide excellent optionality for our shareholders”