OPTION Meaning and
Definition
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Option [noun]:
1. A choice or alternative that is available to an individual or a group, enabling them to select among various possibilities or courses of action. It refers to the act or possibility of making a decision from among two or more choices. Options often involve weighing the advantages and disadvantages of each alternative before selecting the most advantageous or appropriate one.
2. In finance, an option is a contract that grants the holder the right, but not the obligation, to buy or sell a specific asset, such as stock, bond, or commodity, at a predetermined price within a specified timeframe. Options provide investors with the opportunity to speculate on the future price movement of an underlying asset without actually owning it. They are used as tools for hedging against risks, enhancing portfolio returns, or engaging in more complex investment strategies.
3. In technology or software, an option refers to a feature or parameter that can be adjusted or selected to customize the behavior or appearance of a program, device, or system. Options allow users to personalize their experience and tailor functionalities according to their preferences or requirements.
4. A possibility or opportunity represented by a set of given circumstances. It indicates a potential course of action or outcome that can be pursued or considered based on certain conditions or situations.
In general, options encompass a wide range of choices available in various fields, including decision-making, finance, technology, and daily life, offering individuals the freedom to select the most suitable course of action, asset, or customization to suit their needs, objectives, or circumstances.
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The power of choosing; right of choice; election; preference; on the Stock Exchange, the liberty to sell or buy stock in a time-bargain at an agreed price.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for OPTION *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for OPTION
Etymology of OPTION
The word option originates from the Latin noun optio. In Latin, optio refers to a choice or selection. It ultimately derives from the verb optare, which means to choose or to desire.
Idioms with the word OPTION
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the soft/easy option
The idiom "the soft/easy option" refers to choosing a path or decision that requires less effort, discomfort, or risk compared to other available options. It implies taking the path of least resistance, often at the expense of personal growth or achieving the best outcome.
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Bargain Renewal Option
The idiom "Bargain Renewal Option" refers to a contractual provision that allows one party, typically the tenant, to renew or extend a lease agreement at a predetermined, significantly lower rate or price. This option often provides an opportunity for the tenant to secure the lease for an additional period while maintaining a favorable financial arrangement.
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contractor’s option
The idiom "contractor's option" refers to a contractual right or privilege granted to the contractor to make a decision or choice, typically regarding specific terms or conditions, within the framework of an agreement or contract. It implies that the contractor has the flexibility or discretion to exercise this option based on their judgment or preferences.
Similar spelling words for OPTION
Conjugate verb Option
CONDITIONAL
I
would option
you
would option
he/she/it
would option
we
would option
they
would option
CONDITIONAL CONTINUOUS
I
would be optioning
you
would be optioning
he/she/it
would be optioning
we
would be optioning
they
would be optioning
CONDITIONAL PERFECT
I
would have option
you
would have option
he/she/it
would have option
we
would have option
they
would have option
CONDITIONAL PERFECT CONTINUOUS
I
would have been optioning
you
would have been optioning
he/she/it
would have been optioning
we
would have been optioning
they
would have been optioning
FUTURE
I
will option
you
will option
he/she/it
will option
we
will option
they
will option
FUTURE CONTINUOUS
I
will be optioning
you
will be optioning
he/she/it
will be optioning
we
will be optioning
they
will be optioning
FUTURE PERFECT
I
will have optioned
you
will have optioned
he/she/it
will have optioned
we
will have optioned
they
will have optioned
FUTURE PERFECT CONTINUOUS
I
will have been optioning
you
will have been optioning
he/she/it
will have been optioning
we
will have been optioning
they
will have been optioning
IMPERATIVE
you
option
we
let´s option
to option
PAST
I
optioned
you
optioned
he/she/it
optioned
we
optioned
they
optioned
PAST CONTINUOUS
I
was optioning
you
were optioning
he/she/it
was optioning
we
were optioning
they
were optioning
PAST PARTICIPLE
optioned
PAST PERFECT
I
had optioned
you
had optioned
he/she/it
had optioned
we
had optioned
they
had optioned
PAST PERFECT CONTINUOUS
I
had been optioning
you
had been optioning
he/she/it
had been optioning
we
had been optioning
they
had been optioning
PRESENT
I
option
you
option
he/she/it
options
we
option
they
option
PRESENT CONTINUOUS
I
am optioning
you
are optioning
he/she/it
is optioning
we
are optioning
they
are optioning
PRESENT PARTICIPLE
optioning
PRESENT PERFECT
I
have optioned
you
have optioned
he/she/it
has optioned
we
have optioned
they
have optioned
PRESENT PERFECT CONTINUOUS
I
have been optioning
you
have been optioning
he/she/it
has been optioning
we
have been optioning
they
have been optioning
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