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Option   /ˈɑpʃən/  /ˈɔpʃən/   Listen
Option

noun
1.
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.
2.
One of a number of things from which only one can be chosen.  Synonyms: alternative, choice.  "There no other alternative" , "My only choice is to refuse"
3.
The act of choosing or selecting.  Synonyms: choice, pick, selection.  "You can take your pick"



Related searches:
call option
co-option
covered option
default option
incentive option
incentive stock option
local option
lock-up option
naked option
put option
soft option
stock option


WordNet 3.0 © 2010 Princeton University


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"Option" Quotes from Famous Books



... we should divide in the proportions you named, only I bargain to be allowed to take my whack in kind—I mean in plant, and to have the first option of purchasing the rest of the plant at whatever value may ...
— Allan and the Holy Flower • H. Rider Haggard
... am concerned," he smiled back at her, "I shall be overjoyed to have you stay as long as the place attracts you. If you like, I will give you a lease—a year, two, or three, as you will, so that you could feel settled, or an option to renew after ...
— The Nest Builder • Beatrice Forbes-Robertson Hale
... her population, wealth, or commerce. On more than one occasion previously, the inhabitants had almost inaugurated civil war, by their assertion and professed belief that each State had, in the original compact of government, reserved to itself the right to withdraw from the Union at its own option, whenever the people supposed they had sufficient cause. We used to discuss these things at our own mess-tables, vehemently and sometimes quite angrily; but I am sure that I never feared it would go further than it had already gone in the winter of 1832-'33, ...
— The Memoirs of General W. T. Sherman, Complete • William T. Sherman
... or indeed the buyer at a distance anywhere, has no option in employing an agent on the spot to acquire his desiderata, and he is practically in his hands. So long as your representative is competent it is well enough, and on the whole the American agencies in London are, we think, both that and conscientious. But the frequenter of the ...
— The Book-Collector • William Carew Hazlitt
... trick—by what they call induction. You know you have always your option of contradicting me. But kindly answer me a question. Don't you give your brother money? I think you ought ...
— Washington Square • Henry James


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