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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



... thorough and severe test. Every conceivable sort of election has been held in the past three years, and women have been called upon to exercise their new privilege and perform their added duty not alone in the usual fashion, but in various primaries, including one for presidential preference, in local option elections, and they have been compelled to pass on laws and governmental policies presented to the electorate by ...
— The Suffrage Cook Book • L. O. Kleber
... Steelman laughed uneasily. An option lay before him. He could fight or he could throw up the hand he had dealt himself from a stacked deck. If he let his enemy walk away scot free, some day he would probably have to pay Crawford with interest. His ...
— Gunsight Pass - How Oil Came to the Cattle Country and Brought a New West • William MacLeod Raine
... not fool enough to hold my hand up like this until the blood runs out of my fingers. You've got your chance; take it or leave it, but don't ask for half an hour's option on it." ...
— The Bells of San Juan • Jackson Gregory
... progress so far, told hastily of Constance's success. "Let us get an option on them for a few ...
— Constance Dunlap • Arthur B. Reeve
... ran several miles an hour, and in another minute or two, with all our exertions, we were nearly a quarter of a mile astern of her, and the boat was so loaded that we hardly dared move lest we should upset it. We had, therefore, no option but to go on shore and take our chance; but when the men were pulling round for the shore, on reflection I thought that we had better not land so soon, as the sailors had told us that they had seen the ...
— The Privateer's-Man - One hundred Years Ago • Frederick Marryat


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