 option |
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| 1. | [ noun ] (writing) 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 | |
| Related terms: | derivative_instrument covered_option put_option straddle incentive_option call_option stock_option lock-up_option naked_option | |
| 2. | [ noun ] the act of choosing or selecting | |
| Synonyms: | selection choice pick | |
| Examples: | "your choice of colors was unfortunate" "you can take your pick" |
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| Related terms: | action decision vote sampling volition election colouration casting pick | |
| 3. | [ noun ] (psychology) one of a number of things from which only one can be chosen | |
| Synonyms: | alternative choice | |
| Examples: | "what option did I have?" "there no other alternative" "my only choice is to refuse" |
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| Related terms: | decision_making possibility obverse soft_option default_option Hobson's_choice impossibility preference | |
| Similar spelling: |
optional Ophiodon optimize optimist optimism optimise ophidian |
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