1. 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. One of a number of things from which only one can be chosen
   "what option did I have?"
   - alternative, choice 
3. The act of choosing or selecting
   - choice, selection, pick

Derived forms: options

See also: opt, optative

Type of: action, deciding, decision making, derivative, derivative instrument

Encyclopedia: Option

• Spokane
• spoke
• spoken
• spoken communication
• spoken language
• spoken word
• spokeshave
• spokesman
• spokesperson
• spokeswoman
• spoliate
• spoliation
• spondaic
• spondaise
• spondaize
• spondee
• Spondias
• Spondias mombin
• Spondias purpurea
• spondylarthritis
• spondylitis
• spondylolisthesis
• spondylosis
• sponge
• sponge bag