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

Usage in printed sourcesFrom: 

1. 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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. Cecilia Sanders:

   We're having more conversations about the reality that parenthood is an option, not something that everybody has to do.

2. Michael Kleinrock:

   If you’re small enough, you’re not required to offer benefits, but for growing organizations the law requires healthcare offerings. The insurance exchanges at the state level provide a cost-effective healthcare option for most businesses, which is an important consideration for potential employees who are considering joining a company, the exchanges also benefit workers directly by giving them a variety of options and flexibility to choose the kind and types of coverage they want, which were previously unavailable from smaller-sized employers.

3. Bill Kottenstette:

   As students and parents become more familiar with virtual learning and how students can be successful in a virtual environment -- and as the' system' gets better at providing more effective virtual learning options -- there will be more students from brick-and-mortar environments choosing a virtual option.

4. Defense Mark Esper:

   United States didn't put any option on the table that United States didn't believe in and that United States couldn't execute, and with each option United States present the pros and cons, the costs and benefits. United States's what United States do all the time. That's my duty, my obligation, that's his( Milley's) duty and obligation as well, the blood is on Defense Mark Esper( Soleimani's) hands. Defense Mark Esper was planning attacks on American forces. Defense Mark Esper was there on the ground with the leader of Khatib Hezbollah -- met Defense Mark Esper on the ground at the airplane, welcomed Defense Mark Esper so they could further coordinate attacks.

5. John Kornerup:

   It's the only option for now.

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
8. ^ Usage in printed sources
   https://books.google.com/ngrams/graph?content=OPTION