OPTIONS — Definition of OPTIONS
noun
1
One of a set of choices that can be made.
2
The freedom or right to choose.
3
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.
verb
1
To purchase an option on something.
The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it.
2
To configure, by setting an option.
📚 Source: en.wiktionary.org/wiki/option
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