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Dictionary definition for: Option

1. (n) 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. (n) one of a number of things from which only one can be chosen; "what option did I have?" "there no other alternative" "my only choice is to refuse"

3. (n) the act of choosing or selecting; "your choice of colors was unfortunate" "you can take your pick"

WordNet 2.1 Copyright Princeton University. All rights reserved.