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options - 2 dictionary results

op⋅tion

[op-shuhn]
–noun
1. the power or right of choosing.
2. something that may be or is chosen; choice.
3. the act of choosing.
4. 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.
5. stock option.
6. 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.
7. Football. a play in which a back has a choice of either passing or running with the ball.
–verb (used with object)
8. to acquire or grant an option on: The studio has optioned his latest novel for film adaptation.
9. to provide with optional equipment: The car can be fully optioned at additional cost.

Origin:
1595–1605; < L optiōn- (s. of optiō) choice, equiv. to op(tāre) to select (see opt ) + -tiōn- -tion


op⋅tion⋅a⋅ble, adjective


2. See choice. 2, 3. selection, election.
op·tion   (ŏp'shən)   
n.  
  1. The act of choosing; choice. See Synonyms at choice.
  2. The power or freedom to choose.
    1. The exclusive right, usually obtained for a fee, to buy or sell something within a specified time at a set price.
    2. The privilege of demanding fulfillment of a contract at a specified time.
    3. A stock option.
    4. The right of the holder of an insurance policy to specify the manner in which payments are to be made or credited to the policyholder.
    5. Baseball The right of a major-league team to transfer a player to a minor-league team while being able to recall the player within a specified period.
  3. Something chosen or available as a choice.
  4. An item or feature that may be chosen to replace or enhance standard equipment, as in a car.
  5. Football An offensive play in which a back, usually the quarterback, has the choice of running with the ball or throwing a forward pass.
tr.v.   op·tioned, op·tion·ing, op·tions
  1. To acquire or grant an option on: "had optioned for a film several short stories about two policemen" (Barbara Goldsmith).
  2. Baseball To transfer (a major-league player) to a minor-league club on option.

[Latin optiō, optiōn-.]
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