option
IPA: ˈɑpʃʌn
noun
- One of a set of choices that can be made.
- 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.
- (law, uncountable) The acquiring or retention of a nationality through personal choice as a right, bypassing selective legal mechanisms for naturalization, especially in cases where a territory is transferred or passed on from one state to another.
verb
- To purchase an option on something.
- (computing, dated) To configure, by setting an option.
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Examples of "option" in Sentences
- My favorite option for dinner tonight is ordering pizza
- If you're unhappy with your current phone plan, switching providers is always an option
- When it comes to choosing a movie to watch, you have the option to stream online or rent from a store
- Taking a taxi is just one of many transportation options available in the city
- If you can't decide on a paint color for your walls, consider the option of hiring a professional decorator for advice
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