Link Centre Dictionary

option

op·tion

UK/ˈɒpʃən/ US/ˈɑpʃən/ common

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

  • “what option did I have?”
  • “there no other alternative”
  • “my only choice is to refuse”
Synonyms
3.

the act of choosing or selecting

  • “your choice of colors was unfortunate”
  • “you can take your pick”
Synonyms

Origin

From French option, from Latin optiō (“choice; option; act of choosing”), from optō (“to choose, select”). Equivalent to opt + -ion.

Phrases

  • binary option
  • credit default option
  • greenshoe option
  • local option
  • low exercise price option
  • negative option
  • network option time
  • not an option

Related words

Word family

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WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.