option
See also: Option
English
Etymology
From French option, from Latin optiō (“choice; option; act of choosing”), from optō (“I choose, select”). Equivalent to opt + -ion.
Pronunciation
- (Received Pronunciation) IPA(key): /ˈɒpʃən/
- (General American) IPA(key): /ˈɑpʃən/
Audio (US) (file)
Noun
option (plural options)
- One of a set of choices that can be made. [from the 19th c.]
- 2012 January 1, Steven Sloman, “The Battle Between Intuition and Deliberation”, in American Scientist, volume 100, number 1, page 74:
- Libertarian paternalism is the view that, because the way options are presented to citizens affects what they choose, society should present options in a way that “nudges” our intuitive selves to make choices that are more consistent with what our more deliberative selves would have chosen if they were in control.
- The freedom or right to choose.
- (finance, law) 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.]
Synonyms
- alternative
- choice
- possibility
- See also Thesaurus:option
Hypernyms
- (finance) (A contract giving the holder the right to buy or sell an asset): derivative
Hyponyms
- (finance) (A contract giving the holder the right to buy or sell an asset): American option, Bermudan option, European option, call option or call, put option or put, warrant
Derived terms
- optionable
- optional
- stock option
Translations
one of the choices that can be made
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freedom or right to choose
financial product
one of the choices that can be made by a user
- The translations below need to be checked and inserted above into the appropriate translation tables, removing any numbers. Numbers do not necessarily match those in definitions. See instructions at Wiktionary:Entry layout#Translations.
Verb
option (third-person singular simple present options, present participle optioning, simple past and past participle optioned)
- To purchase an option on something. [from the 20th c]
- The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it.
- (computing, dated) To configure, by setting an option.
- 1991, Martin D. Seyer, RS-232 made easy
- The device that is to echo the characters should be optioned for echoplexing.
- 1991, Martin D. Seyer, RS-232 made easy
Further reading
- option in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
- option in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
French
Pronunciation
Audio (file)
Further reading
- “option” in le Trésor de la langue française informatisé (The Digitized Treasury of the French Language).
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