ETYM Latin optio; akin to optare to choose, wish, optimus best, and perh. to Eng. apt: cf. French option.
1. An alternative action; SYN. alternative, choice.
2. 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.
In business, a contract giving the owner the right (as opposed to the obligation, as with futures contracts; see futures trading) to buy or sell a specific quantity of a particular commodity or currency at a future date and at an agreed price, in return for a premium. The buyer or seller can decide not to exercise the option if it would prove disadvantageous.
Andere Bezeichnung für Auswahlmöglichkeit.
freie Wahl; die Möglichkeit, sich zu entscheiden.
Wahlrecht, Wahlsystem.
1. To grant or take an option on
2. To acquire the exclusive right to use (an author's work) as the basis for a motion picture