option

English

/ˈɒpʃən/, /ˈɑpʃən/

noun
Definitions
  • One of a set of choices that can be made.
  • The freedom or right to choose.
  • (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.

Etymology

Derived from French option derived from Latin optiō (choice, act of choosing, option) affix from English opt.

Origin

English

opt

Gloss

Timeline

Distribution of cognates by language

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Cognates and derived terms