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Definition of Option
1. Noun. The right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited.
Generic synonyms: Derivative, Derivative Instrument
2. Noun. One of a number of things from which only one can be chosen. "My only choice is to refuse"
Generic synonyms: Deciding, Decision Making
Specialized synonyms: Obverse, Druthers, Preference, Default, Default Option, Opening, Possibility, Possible Action, Impossibility, Impossible Action, Hobson's Choice, Soft Option
Derivative terms: Alternative
3. Noun. The act of choosing or selecting. "You can take your pick"
Generic synonyms: Action
Specialized synonyms: Casting, Coloration, Colouration, Sampling, Conclusion, Decision, Determination, Volition, Willing, Election, Ballot, Balloting, Vote, Voting
Derivative terms: Opt, Pick, Select
Definition of Option
1. n. The power of choosing; the right of choice or election; an alternative.
Definition of Option
1. Noun. One of the choices which can be made. ¹
2. Noun. The freedom or right to choose. ¹
3. Noun. (finance) 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. ¹
4. Noun. (context: graphical user interface) A button on a screen used to select an action (often "menu option") ¹
5. Verb. To purchase an option on something. ¹
¹ Source: wiktionary.com
Definition of Option
1. to grant an option (a right to buy or sell something at a specified price within a specified time) on [v -ED, -ING, -S]