option

Language: EN · Kind: word · Transcription: [/ˈɒpʃən/]

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Senses

1. option (noun) — sense 1

Definition: One of a set of choices that can be made.

Example: Luiz struggled with the movement of Helguson in the box, as he collected a long ball and the Spaniard barged him over, leaving referee Chris Foy little option but to point to the spot.

2. option (noun) — sense 2

Definition: The freedom or right to choose.

Example: The marriage had not been contracted by the father, who was apparently dead, but by an agnatic guardian, so that it was liable to cancellation at the option of the girl on her attaining puberty.

3. option (noun) — sense 3

Definition: 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.

Example: There's a book out on us and there's gonna be a movie based on the book. ABC has bought the option for a movie to be made specially for T.V.

4. option (verb) — sense 4

Definition: To purchase an option on something.

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

5. option (verb) — sense 5

Definition: To configure, by setting an option.

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

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