option

Reading level: hard

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

  1. noun the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
  2. noun one of a number of things from which only one can be chosen
  3. noun the act of choosing or selecting

Etymology

From French option, from Latin optiō (“choice; option; act of choosing”), from optō (“to choose, select”). Equivalent to opt + -ion.

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