option
- Noun. One of the choices which can be made.
- Noun. The freedom or right to choose.
- Noun. (finance) 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.
- Noun. (context, graphical user interface) A button on a screen used to select an action (often "menu option").
- Verb. To purchase an option on something.
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This entry was last updated on RefTopia from its source on 3/20/2012.