What is 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.
    See also — Additional definitions below

Some articles on option, options:

Option Consommateurs
... Option consommateurs is a non-profit group promoting and defending the interests of the consumers of Canada ... Option consommateurs is part of a coalition against controversial proposed copyright legislation in Canada known as Bill C-61 ...
Option - Sport
... Option (baseball), a baseball player who can be moved back and forth between major and minor league teams Option offense, an offensive scheme in ...
Exercise (options)
... The owner of an option contract has the right to exercise it, and thus require that the financial transaction specified by the contract is to be carried out immediately between the two parties ... When exercising a call option, the owner of the option purchases the underlying shares (or commodities, fixed interest securities, etc.) at the strike price from the ...
Nuclear Decommissioning - Decommissioning Options
... Atomic Energy Agency has defined three options for decommissioning, the definitions of which have been internationally adopted Immediate Dismantling (or Early Site Release/Decon in the US ... Safe Enclosure (or Safestor(e) SAFSTOR) This option postpones the final removal of controls for a longer period, usually in the order of 40 to 60 years ... Entombment This option entails placing the facility into a condition that will allow the remaining on-site radioactive material to remain on-site without the requirement of ever removing it totally ...
NHL Hitz 2003 - Gameplay
... Players have the option of playing three periods in one, two, or three minutes in length ... simply leaving them in the game is an option ... There is an option for a mercy rule that will end the game as soon as the team reaches the limit of goal differential ...

More definitions of "option":

  • (noun): One of a number of things from which only one can be chosen.
    Example: "What option did I have?"
    Synonyms: alternative, choice

Famous quotes containing the word option:

    A self-respecting nation is ready for anything, including war, except for a renunciation of its option to make war.
    Simone Weil (1909–1943)

    You don’t merely give over your creativity to making a film—you give over your life! In theatre, by contrast, you live these two rather strange lives simultaneously; you have no option but to confront the mould on last night’s washing-up.
    Daniel Day Lewis (b. 1957)

    Our passional nature not only lawfully may, but must, decide an option between propositions, whenever it is a genuine option that cannot by its nature be decided on intellectual grounds; for to say, under such circumstances, “Do not decide, but leave the question open,” is itself a passional decision—just like deciding yes or no—and is attended with the same risk of losing the truth.
    William James (1842–1910)