WordReference Random House Learner's Dictionary of American English © 2017
op•tion /ˈɑpʃən/USA pronunciation   n. 
  1. the power or right of choosing:[uncountable]to have no option but to stay.
  2. something that may be chosen;
    choice:[countable]Your options are law school or taking a job.
  3. an item of equipment or an extra feature that may be chosen:[countable]The car had several options like power windows and a CD player.

v. [+ object]
  1. to take or grant an option on.
op•tion•al, adj. 
op•tion•al•ly, adv. See -opt-.
    See choice.

WordReference Random House Unabridged Dictionary of American English © 2017
op•tion  (opshən),USA pronunciation n. 
  1. the power or right of choosing.
  2. something that may be or is chosen;
  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. See  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.

  1. to acquire or grant an option on:The studio has optioned his latest novel for film adaptation.
  2. to provide with optional equipment:The car can be fully optioned at additional cost.
option•a•ble, adj. 
  • Latin optiōn- (stem of optiō) choice, equivalent. to op(tāre) to select (see opt) + -tiōn- -tion
  • 1595–1605
    • 2.See corresponding entry in Unabridged See  choice. 
    • 2, 3.See corresponding entry in Unabridged selection, election.

Collins Concise English Dictionary © HarperCollins Publishers::

option /ˈɒpʃən/ n
  1. the act or an instance of choosing or deciding
  2. the power or liberty to choose
  3. an exclusive opportunity, usually for a limited period, to buy something at a future date: he has a six-month option on the Canadian rights to this book
  4. the right to buy (call option) or sell (put option) a fixed quantity of a commodity, security, foreign exchange, etc, at a fixed price at a specified date in the future
    See also traded option
  5. something chosen; choice
  6. keep one's options open, leave one's options opennot to commit oneself
  7. See soft option
  1. (transitive) to obtain or grant an option on
Etymology: 17th Century: from Latin optiō free choice, from optāre to choose

'options' also found in these entries:

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