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

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 …

Dec 30, 2025 · An option is a type of financial instrument that's tied to an underlying security. Options give their buyers the right, but not the obligation, to purchase or sell the asset at a …

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

(Commerce) an exclusive opportunity, usually for a limited period, to buy something at a future date: he has a six-month option on the Canadian rights to this book.

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.

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.

An option is a contract that represents the right to buy or sell a financial product at an agreed-upon price for a specific period of time. You can typically buy and sell an options contract at …

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

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