Option — synonyms, definition

1. option (Noun)

acceptance advantage alternative benefit choice choosing claim decision discretion election franchise grant immunity lease license opportunity pick preference prerogative say • • •

option (Noun) — One of a number of things from which only one can be chosen. ex. "what option did I have?"

option (Noun) — 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.

option (Noun) — The act of choosing or selecting.

action deciding decision making derivative derivative instrument Hobson's choice ballot balloting call call option casting coloration colouration conclusion covered option decision default default option determination druthers election impossibility impossible action incentive option incentive stock option • • •

2. option (Verb)

option (Verb) — Buy an option to use something. ex. "The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it"