Sekirov Dictionary

option

UK /ˈɒpʃən/US /ˈɑpʃən/

noun 4
verb 2
forms 3
phrases 1

noun4

•
each of the things someone is free to pick between when making a decision
- Luiz struggled with the movement of Helguson in the box, as he collected a long ball and the Spaniard barged him over, leaving referee Chris Foy little option but to point to the spot. — 2011
•
The freedom or right to choose.
- The marriage had not been contracted by the father, who was apparently dead, but by an agnatic guardian, so that it was liable to cancellation at the option of the girl on her attaining puberty. — 1895
•
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.
- 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. — 1977
•
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.
- 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. — 1928

verb2

•
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.
•
(old-fashioned) To configure, by setting an option.
- The device that is to echo the characters should be optioned for echoplexing. — 1991

forms

optioned · optioning · options

Phrases with option

nuclear option
In resolving a problem, the possible course of action that is considered the most extreme because of its collateral consequences.

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