Meaning of option
Pronunciation: (op'shun), [key]
- the power or right of choosing.
- something that may be or is chosen; choice.
- the act of choosing.
- an item of equipment or a feature that may be chosen as an addition to or replacement for standard equipment and features: a car with a long list of extra-cost options; a telephoto lens option for a camera.
- a privilege acquired, as by the payment of a premium or consideration, of demanding, within a specified time, the carrying out of a transaction upon stipulated terms; the right, as granted in a contract or by an initial payment, of acquiring something in the future: We bought one lot and took a 90-day option on an adjoining one.
- a play in which a back has a choice of either passing or running with the ball.
- to acquire or grant an option on: The studio has optioned his latest novel for film adaptation.
- to provide with optional equipment: The car can be fully optioned at additional cost.
- option (Thesaurus)