English dictionary

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English noun: option

1. option (possession) 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

Broader (hypernym)derivative, derivative instrument

Narrower (hyponym)call, call option, covered option, incentive option, incentive stock option, lock-up option, naked option, put, put option, stock option, straddle

2. option (cognition) one of a number of things from which only one can be chosen

SamplesWhat option did I have?.
There no other alternative.
My only choice is to refuse.

Synonymsalternative, choice

Broader (hypernym)deciding, decision making

Narrower (hyponym)default, default option, druthers, Hobson's choice, impossibility, impossible action, obverse, opening, possibility, possible action, preference, soft option

3. option (act) the act of choosing or selecting

SamplesYour choice of colors was unfortunate.
You can take your pick.

Synonymschoice, pick, selection

Broader (hypernym)action

Narrower (hyponym)ballot, balloting, casting, coloration, colouration, conclusion, decision, determination, election, sampling, volition, vote, voting, willing

Based on WordNet 3.0 copyright © Princeton University.
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