option
From WikiWord, the free dictionary
/ˈɒpʃən/
English
Definitions
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.
verb
- To purchase an option on something.“The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it.”
- To configure, by setting an option.
Related words
Synonyms
alternativechoicepossibilitychoosingchooseoptselectionselectedselectelectchosenelectiveoptionaldecisionlikelihoodpossible