Associations to the word «Option»

Wiktionary

OPTION, noun. One of the choices which can be made. [from the 19th c]
OPTION, noun. The freedom or right to choose.
OPTION, noun. (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 the mid-18th c]
OPTION, noun. (graphical user interface) A button on a screen used to select an action (often "menu option")
OPTION, verb. To purchase an option on something. [from the 20th c]
OPTION BUTTON, noun. (computing) A radio button.

Dictionary definition

OPTION, noun. The right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited.
OPTION, noun. One of a number of things from which only one can be chosen; "what option did I have?"; "there no other alternative"; "my only choice is to refuse".
OPTION, noun. The act of choosing or selecting; "your choice of colors was unfortunate"; "you can take your pick".

Wise words

He who speaks without modesty will find it difficult to make his words good.
Confucius