English

option noun definition in Economy topic from the Oxford Advanced Learner's Dictionary

option

 noun: Economy topic
[countable] the right to buy or sell something at some time in the future option (on something) We have an option on the house. He has promised me first option on his car (= the opportunity to buy it before anyone else). option (to do something) The property is for rent with an option to buy at any time. share options (= the right to buy shares in a company)

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