option

[ˈɑːpʃn]

option Definition

• 1. a thing that is or may be chosen; choice
• 2. the right to buy or sell something at a specified price within a set time

Using option: Examples

Take a moment to familiarize yourself with how "option" can be used in various situations through the following examples!

• Example

  You have the option to take the stairs or the elevator.

• Example

  I'm considering several options for my vacation.

• Example

  The company granted me stock options as part of my compensation package.

• Example

  The option to renew the lease is included in the rental agreement.

option Synonyms and Antonyms

Synonyms for option

• choice
• alternative
• preference
• decision
• selection

Antonyms for option

• obligation
• necessity

Idioms Using option

• an option of last resort

  a final choice or solution that is only considered when all other options have failed

  Example

  Bankruptcy should be seen as an option of last resort when all other attempts to resolve the financial difficulties have failed.

• leave someone no option

  to force someone to do something because there are no other choices available

  Example

  The weather was so bad that it left us no option but to cancel the picnic.

• weigh one's options

  to consider different choices or possibilities before making a decision

  Example

  Before accepting the job offer, she took some time to weigh her options and think about what was best for her career.

Phrases with option

• keep one's options open

  to avoid making a decision or commitment, in order to retain the freedom to choose from a range of possibilities

  Example

  I haven't decided which job offer to accept yet. I'm keeping my options open.

• take the nuclear option

  to choose an extreme or drastic course of action, especially one that will cause widespread damage or destruction

  Example

  If the negotiations fail, the government may have to take the nuclear option and declare war.

• an option on something

  the right to buy or use something at a later time, usually at a specified price

  Example

  The company has an option on the land for the next five years.

Origins of option

from Latin 'optio', meaning 'choice'

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Summary: option in Brief

The term 'option' [ˈɑːpʃn] refers to a choice or alternative, as well as the right to buy or sell something at a specified price within a set time. It can be used in phrases like 'keep one's options open,' meaning to avoid making a decision or commitment, and idioms like 'weigh one's options,' denoting the act of considering different choices before making a decision.