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optio — meaning in English

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English meaning

  • option noun One of the choices available to someone in a given situation.

Senses

optio 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.]

option — full definition

  1. noun One of the choices available to someone in a given situation.
  2. 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.
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