option

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Pronunciation

• (RP) IPA: /ˈɒpʃən/
• (America) IPA: /ˈɑpʃən/

Noun

option (plural options)

1. One of a set of choices that can be made. [from the 19th c.]
2. The freedom or right to choose.
3. (finance, legal) 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. [from the mid-18th c.]

Synonyms

• alternative
• choice
• possibility
• See also Thesaurus:option

Related terms

• opt
• optimal
• optimise, optimize
• optimism
• optimist
• optimistic

Translations

• French: choix, possibilité, option
• German: Alternative, Option
• Italian: opzione
• Portuguese: opção
• Russian: о́пция
• Spanish: opción, alternativa

Translations

• German: Option
• Russian: опцио́н
• Spanish: opción financiera, opciones

Verb

option (options, present participle optioning; past and past participle optioned)

1. To purchase an option on something. [from the 20th c]

   The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it.

2. (computing, dated) To configure, by setting an option.
   • 1991, Martin D. Seyer, RS-232 made easy

     The device that is to echo the characters should be optioned for echoplexing.

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