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- An option is a choice or a possibility that can be selected from a set of alternatives123. In finance, an option is a contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a specific price on or before a certain date4. An option can also be an item of equipment or a feature that can be added or replaced for standard ones2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Meaning of option in English option noun uk / ˈɒp.ʃ ə n / us / ˈɑːp.ʃ ə n / Add to word list B1 [ C or U ] one thing that can be chosen from a set of possibilities, or the freedom to make a choice:dictionary.cambridge.org/dictionary/english/optionthe power or right of choosing. something that may be or is chosen; choice. the act of choosing. an item of equipment or a feature that may be chosen as an addition to or replacement for standard equipment and features: a car with a long list of extra-cost options; a telephoto lens option for a camera.www.dictionary.com/browse/optiona choice: That's an option you might like to consider. We don't have many options. [ + of + doing sth ] You always have the option of not attending.dictionary.cambridge.org/dictionary/learner-english/…An option is a financial derivative contract that grants the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. It is essentially a contract between two parties, offering risk management during fluctuations in asset prices.www.definitions.net/definition/option
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- nounoption (noun) · options (plural noun)
- the freedom, power, or right to choose something:"she was given the option of resigning or being dismissed" · "he has no option but to pay up"
- a right to buy or sell a particular thing at a specified price within a set time:"Columbia Pictures has an option on the script" · "an option to buy the land"
- american footballan offensive play in which the ball carrier has the option to run, pass, hand off, or lateral.
verboption (verb) · options (third person present) · optioned (past tense) · optioned (past participle) · optioning (present participle)- buy or sell an option on (something):"his second script will have been optioned by the time you read this"
- US ENGLISHtransfer a player (to a minor league team) with an option to recall him.
Originmid 16th century: from French, or from Latin optio(n-), from the stem of optare ‘choose’. The verb dates from the 1930s. What are Options? Types, Spreads, Example, and Risk Metrics
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