say it: AHP-shuhn
option is a noun meaning "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". It carries 3 recorded senses.
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
one of a number of things from which only one can be chosen
“what option did I have?”
“there is no other alternative”
“my only choice is to refuse”
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for option come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.