Definitions for Option
ˈɒp ʃənop·tion

Princeton's WordNetRate this definition:3.0 / 1 vote

1. optionnoun

   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

2. option, alternative, choicenoun

   one of a number of things from which only one can be chosen

   "what option did I have?"; "there no other alternative"; "my only choice is to refuse"

3. choice, selection, option, picknoun

   the act of choosing or selecting

   "your choice of colors was unfortunate"; "you can take your pick"

GCIDERate this definition:0.0 / 0 votes

1. Optionnoun

   (Stock Exchange) A stipulated privilege, given to a party in a time contract, of demanding its fulfillment on any day within a specified limit; also, the contract giving that privelege; as, an option to buy a stock at a given price; to exercise an option.

WiktionaryRate this definition:5.0 / 1 vote

1. optionnoun

   One of the choices which can be made.

2. optionnoun

   The freedom or right to choose.

3. optionnoun

   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.

4. optionnoun

   A button on a screen used to select an action (often "menu option")

5. optionverb

   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.

6. Etymology: From option, from optio, from opto. Equivalent to.

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Optionnoun

   Choice; election.

   Etymology: optio, Lat.

   Transplantation must proceed from the option of the people, else it sounds like an exile; so the colonies must be raised by the leave of the king and not by his command. Francis Bacon.

   Which of these two rewards we will receive, he hath left to our option. George Smalridge, Serm.

ChatGPTRate this definition:0.0 / 0 votes

1. option

   An option is a financial derivative contract that grants the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. It is essentially a contract between two parties, offering risk management during fluctuations in asset prices. Options are commonly used in finance and investing. In broader context, an option can also refer to the freedom or ability to choose between different possible courses of action.

WikidataRate this definition:5.0 / 1 vote

1. Option

   In finance, an option is a contract which gives the owner the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on or before a specified date. The seller incurs a corresponding obligation to fulfill the transaction, that is to sell or buy, if the long holder elects to "exercise" the option prior to expiration. The buyer pays a premium to the seller for this right. An option which conveys the right to buy something at a specific price is called a call; an option which conveys the right to sell something at a specific price is called a put. Both are commonly traded, though in basic finance for clarity the call option is more frequently discussed, as it moves in the same direction as the underlying asset, rather than opposite, as does the put. Options valuation is a topic of ongoing research in academic and practical finance. For simplicity of discussion, the value of an option is commonly decomposed into two parts: The first of these is the "intrinsic value," which is defined as the difference between the market value of the underlying and the strike price of the given option. The second part depends on a set of other factors which, through a multi-variable, non-linear interrelationship, reflect the discounted expected value of that difference at expiration. Although options valuation has been studied at least since the nineteenth century, the contemporary approach is based on the Black–Scholes model which was first published in 1973.

Chambers 20th Century DictionaryRate this definition:0.0 / 0 votes

1. Option

   op′shun, n. act of choosing: power of choosing or wishing: wish.—adj. Op′tional, left to one's option or choice.—adv. Op′tionally.—n. Op′tions, a mode of speculating, chiefly in stocks and shares, which is intended to limit the speculator's risk. It consists in paying a sum down for the right to put (make delivery) or call (call for delivery) a given amount of stock at a fixed future date, the price also being fixed at the time the contract is entered into.—Local option (see Local). [L. optio, optionis—optāre, to choose.]

Editors ContributionRate this definition:0.0 / 0 votes

1. option

   Freedom or right to a choice.

   The joyful option is to marry as we love each other with all our heart and soul.

   
   

   Submitted by MaryC on January 24, 2020  

Matched Categories

1. • Derivative Instrument

British National Corpus

1. Spoken Corpus Frequency

   Rank popularity for the word 'Option' in Spoken Corpus Frequency: #1944

2. Written Corpus Frequency

   Rank popularity for the word 'Option' in Written Corpus Frequency: #2058

3. Nouns Frequency

   Rank popularity for the word 'Option' in Nouns Frequency: #499

Anagrams for Option »

1. potion

How to pronounce Option?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Option in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Option in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of Option in Pythagorean Numerology is: 8

Examples of Option in a Sentence

1. Claudio Fernaud:

   If we're looking to fill a special position, such as a geologist or a specialization in oil or gas, Venezuela is a strong option for us.

2. Lina Walker:

   The savings would come on the back of consumers, people who want to keep traditional Medicare wind up paying more - the saving on premium support comes from people who have traditional Medicare now, but shift to a lower-cost option because that is all they can afford.

3. Chase Elliott:

   Obviously, I knew he was gonna have a big run. I tried to give him one good, aggressive block, i don’t know what else to do. You go for the win or you don’t. I’m going to choose option A every time.

4. Nicolas Kalaitzis:

   The American meat here has become just as good as the Argentinian meat and you have a better chance of getting fresher meat from here than from there, even if it's fresh, it will travel for 25 or 30 days. While I would love to use Argentinian meat, I know that by the time it goes through a port and comes to my establishment, it won't be the freshest option for my customers.

5. Nasser Qandil:

   The idea of the opposition has evaporated for Saudi Arabia, they know that the option is ISIS and Nusra or the regime. There's no third option.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Option
2. ^ GCIDE
   https://gcide.gnu.org.ua/?q=Option
3. ^ Wiktionary
   https://en.wiktionary.org/wiki/Option
4. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=Option
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Option
7. ^ Chambers 20th Century Dictionary
   https://www.gutenberg.org/files/37683/37683-h/37683-h.htm#:~:text=Option