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 19th c.]
- 2012 January, Steven Sloman, “The Battle Between Intuition and Deliberation”, in American Scientist, volume 100, number 1, archived from the original on 8 January 2012, 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 mid-18th c.]
- 1977 August 13, Pala Bennett, Mary Jo Risher, Ann Foreman, “"I'm A Mother, And I'm A Good One."”, in Gay Community News, volume 5, number 6, page 8:
- There's a book out on us and there's gonna be a movie based on the book. ABC has bought the option for a movie to be made specially for T.V.
- (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.
- 1928, Appeal to the Noble English Nation by the Committee of the Defenders of the Rights of Palestinian Arab Emigrants to the Palestinian Citizenship, page 10:
- At that time every emigrant who was made aware of such a notification submitted his application for option to the British Consuls within the period prescribed.
- 1998, Venice Commission, Consequences of State Succession for Nationality, →ISBN, page 45:
- A right of option, mostly in favour of the nationality of the predecessor State, has been accorded in most cases of partial State succession, either by treaty or by domestic legislation.
- 2012, Oliver W. Vonk, Dual Nationality in the European Union: A Study on Changing Norms […], →ISBN, page 243, note 154:
- This group constitutes around 9 percent of the total number of acquisitions of Dutch nationality through option.
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
Translations
one of the choices that can be made
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freedom or right to choose
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financial product
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- The translations below need to be checked and inserted above into the appropriate translation tables. 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 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.
Further reading
- “option”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.
- “option”, in The Century Dictionary […], New York, N.Y.: The Century Co., 1911, →OCLC.
Anagrams
French
Etymology
Borrowed from Latin optiōnem (“choice; option; act of choosing”), from optō (“to choose, select”).
Pronunciation
- IPA(key): /ɔp.sjɔ̃/
Audio (file)
Further reading
- “option”, in Trésor de la langue française informatisé [Digitized Treasury of the French Language], 2012.
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