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Thesaurus: option

The power of choosing; the right of choice or election; an alternative.

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  1. n. The power of choosing; the right of choice or election; an alternative.
  2. n. The exercise of the power of choice; choice.
  3. n. A wishing; a wish.
  4. n. A right formerly belonging to an archbishop to select any one dignity or benefice in the gift of a suffragan bishop consecrated or confirmed by him, for bestowal by himself when next vacant; -- annulled by Parliament in 1845.
  5. n. A stipulated privilege, given to a party in a time contract, of demanding its fulfillment on any day within a specified limit.
  6. n. 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
  7. n. one of a number of things from which only one can be chosen
  8. n. the act of choosing or selecting
  9. 1. The power of choosing; the right of choice or election; an alternative. There is an option left to the United States of America, whether they will be respectable and prosperous, or contemptible and miserable, as a nation. Washington. 2. The exercise of the power of choice; choice. Transplantation must proceed from the option of the people, else it sounds like an exile. Bacon. 3. A wishing; a wish. [Obs.] Bp. Hall. 4. (Ch. of Eng.) A right formerly belonging to an archbishop to select any one dignity or benefice in the gift of a suffragan bishop consecrated or confirmed by him, for bestowal by himself when next vacant; -- annulled by Parliament in 1845. 5. (Stock Exchange) A stipulated privilege, given to a party in a time contract, of demanding its fulfillment on any day within a specified limit. Buyer's option, an option allowed to one who contracts to buy stocks at a certain future date and at a certain price, to demand the delivery of the stock (giving one day's notice) at any previous time at the market price. -- Seller's option, an option allowed to one who contracts to deliver stock art a certain price on a certain future date, to deliver it (giving one day's notice) at any previous time at the market price. Such options are privileges for which a consideration is paid. -- Local option. See under Local. Syn. -- Choice; preference; selection. -- Option, Choice. Choice is an act of choosing; option often means liberty to choose, and implies freedom from constraint in the act of choosing.
  10. A right formerly belonging to an archbishop to select any onedignity or benefice in the gift of a suffragan bishop consecrated orconfirmed by him, for bestowal by himself when next vacant; --annulled by Parliament in 1845.
  11. n:100 n. 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 n. one of a number of things from which only one can be chosen