option — meaning in English
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English meaning
Senses
option is used for these senses in English:
- option (finance, legal) 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. [from mid-18th c.]
elective — full definition
- adjective Chosen voluntarily rather than required.
- noun An optional course of study, especially at school or university.
option — full definition
- noun One of the choices available to someone in a given situation.
- noun A finance contract giving the buyer the right, but not the obligation, to buy or sell an asset at an agreed price by a certain date.