English Explanatory Dictionary

option

English dictionary entry

Meanings

noun

One of a set of choices that can be made.
The freedom or right to choose.
A contract giving the holder the right to buy or sell an asset at a set strike price; can apply to financial market transactions, or to ordinary transactions for tangible assets such as a residence or automobile.
The acquiring or retention of a nationality through personal choice as a right, bypassing selective legal mechanisms for naturalization, especially in cases where a territory is transferred or passed on from one state to another.

verb

To purchase an option on something.
To configure, by setting an option.

Pronunciation

/ˈɒpʃən/ /ˈɑpʃən/ en-us-option.ogg

Word forms

option options optioning optioned

Etymology

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

Synonyms

Related words

opt optimal optimise optimize optimism optimist optimistic

Derived words

antioption antioptionist binary option co-option credit default option greenshoe option local option low exercise price option multioption negative option network option time non-option not an option nuclear option optionable optionaire optional optionary option button optionee optioneering optionless optionlike optionor option-select option type preoption reoption Samson Option stock option suboption swaption triple option zero option

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.

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