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Definitions from Wiktionary ()
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▸ noun: The freedom or right to choose.
▸ noun: (finance, law) 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.
▸ noun: (law, uncountable) The acquiring or retention of a nationality through personal choice as a right, bypassing selective legal mechanisms for naturalization, especially in cases where a territory is transferred or passed on from one state to another.
▸ verb: To purchase an option on something.
▸ verb: (computing, dated) To configure, by setting an option.
Similar:
choice,
alternative,
choose,
optional,
preferred,
Select,
opt,
preferable,
preference,
alternate,
more...
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