choice, option, alternative, preference, selection, election mean the act or opportunity of choosing or the thing chosen. choice suggests the opportunity or privilege of choosing freely. option …

OPTION meaning: 1 : the opportunity or ability to choose something or to choose between two or more things; 2 : something that can be chosen a choice or possibility

OPTION definition: the power or right of choosing. See examples of option used in a sentence.

Definition of option noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

OPTION definition: 1. one thing that can be chosen from a set of possibilities, or the freedom to make a choice: 2…. Learn more.

the right, as granted in a contract or by an initial payment, of acquiring something in the future: We bought one lot and took a 90-day option on an adjoining one.

2 days ago · Noun option (plural options) One of a set of choices that can be made. [from 19th c.]

In business, an option is an agreement or contract that gives someone the right to buy or sell something such as property or shares at a future date.

Nov 19, 2025 · Buying an option is simply purchasing a contract that represents the right, but not the obligation, to buy or sell a security at a fixed price by a specified date.

Dec 30, 2025 · An option is a contract giving the buyer the right—but not the obligation—to buy (in the case of a call) or sell (in the case of a put) the underlying asset at a specific price on or …