1. 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
Hypernym(s): derivative_instrument, derivative
2. option - noun
· one of a number of things from which only one can be chosen; "what option did I have?"; "there is no other alternative"; "my only choice is to refuse"
Synonym(s): alternative, choice
Hypernym(s): decision_making, deciding
3. option - noun
· the act of choosing or selecting; "your choice of colors was unfortunate"; "you can take your pick"
Synonym(s): choice, selection, pick
Hypernym(s): action
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