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

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 Related terms Translations Translations
  • German: Option
  • Russian: опцио́н
  • Spanish: opción financiera, opciones

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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