OPTION Definition & Meaning

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option

[ op-shuhn ]

Phonetic (Standard)IPA

the power or right of choosing.
something that may be or is chosen; choice.
Synonyms: ,
the act of choosing.
Synonyms: ,
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.
stock option.
a privilege acquired, as by the payment of a premium or consideration, of demanding, within a specified time, the carrying out of a transaction upon stipulated terms; the right, as granted in a contract or by an initial payment, of acquiring something in the future:
We bought one lot and took a 90-day option on an adjoining one.
Football. a play in which a back has a choice of either passing or running with the ball.

to acquire or grant an option on:
The studio has optioned his latest novel for film adaptation.
to provide with optional equipment:
The car can be fully optioned at additional cost.

option

/ ˈɒ��ʃə�� /

the act or an instance of choosing or deciding
the power or liberty to choose
an exclusive opportunity, usually for a limited period, to buy something at a future date
he has a six-month option on the Canadian rights to this book
commerce the right to buy ( call option ) or sell ( put option ) a fixed quantity of a commodity, security, foreign exchange, etc, at a fixed price at a specified date in the future See also traded option
something chosen; choice
short for local option
keep one's options open or leave one's options open
not to commit oneself
See soft option

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Origin of option¹

First recorded in 1595–1605; from Latin �Ǳ�پ�ō��-, stem of �Ǳ�پ�ō “choice,” equivalent to �Ǳ�(��) “to select” ( opt ) + -�پ�ō -tion

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Origin of option¹

C17: from Latin �Ǳ�پ�ō free choice, from �Ǳ�� to choose

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Examples have not been reviewed.

"With rates high and inventory low, remodeling is currently the more appealing option for many homeowners"

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Another option would be instead of bringing out a new design every one to two years, to refresh the design cycle every three to four years.

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Cain also spoke to young men looking for other options.

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"I worked unsociable hours, I finished late, sometimes midnight or one in the morning, it was just the safest option for me to go down there."

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“It is an option that is open to us, and we would certainly join a class action lawsuit,” she said.

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