Options — Meaning, Definition & Synonyms

Meaning & Definition of Options

Options (verb)

1. to grant or take an option on
2. to acquire the exclusive right to use (an author's work) as the basis for a movie
3. to choose or elect as a member
4. to appoint as a colleague or assistant
5. to take into a group (such as a faction, movement, or culture), absorb, assimilate

Options (noun)

1. an act of choosing
2. the power or right to choose, freedom of choice
3. a privilege of demanding fulfillment of a contract on any day within a specified time
4. the power granted by a legislature to a political subdivision to determine by popular vote the local applicability of a law on a controversial issue (such as the sale of liquor)
5. the option of using nuclear weapons in war
6. an extreme option regarded as a drastic step or last resort; specifically, US politics, a parliamentary procedure in the U.S. Senate by which the requirement of the affirmative votes of a supermajority of senators is changed to require only a simple majority to invoke cloture in order to stop a filibuster and allow a vote on a matter (such as a judicial nomination) to proceed
7. an option contract involving stock
8. a right granted by a corporation to officers or employees as a form of compensation that allows purchase of corporate stock at a fixed price usually within a specified period

Options (phrase)

1. to wait before making a final decision about something to allow for the possibility of having a different choice