Option vs. Optionality

Optionnoun

One of a set of choices that can be made.

Optionalitynoun

The value of additional optional investment opportunities available only after having made an initial investment.

‘The short-term payoff for this is modest, but the optionality value is enormous.’;

Optionnoun

The freedom or right to choose.

Optionalitynoun

Quality or state in which choice or discretion is allowed.

‘Some offices do not follow the corporate procedure, due to a culture of optionality.’;

Optionnoun

A contract giving the holder the right to buy or sell an asset at a set strike price; can apply to financial market transactions, or to ordinary transactions for tangible assets such as a residence or automobile.

Optionalitynoun

the quality of being available to be chosen but not obligatory

‘these projects provide excellent optionality for our shareholders’;

Optionnoun

(graphical user interface) A button on a screen used to select an action (often "menu option").

Optionverb

To purchase an option on something.

‘The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it.’;

Optionverb

To configure, by setting an option.

Optionnoun

The power of choosing; the right of choice or election; an alternative.

‘There is an option left to the United States of America, whether they will be respectable and prosperous, or contemptible and miserable, as a nation.’;

Optionnoun

The exercise of the power of choice; choice.

‘Transplantation must proceed from the option of the people, else it sounds like an exile.’;

Optionnoun

A wishing; a wish.

Optionnoun

A right formerly belonging to an archbishop to select any one dignity or benefice in the gift of a suffragan bishop consecrated or confirmed by him, for bestowal by himself when next vacant; - annulled by Parliament in 1845.

Optionnoun

A stipulated privilege, given to a party in a time contract, of demanding its fulfillment on any day within a specified limit; also, the contract giving that privelege; as, an option to buy a stock at a given price; to exercise an option.

Optionnoun

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

Optionnoun

one of a number of things from which only one can be chosen;

‘what option did I have?’; ‘there no other alternative’; ‘my only choice is to refuse’;

Optionnoun

the act of choosing or selecting;

‘your choice of colors was unfortunate’; ‘you can take your pick’;

Optionnoun

a thing that is or may be chosen

‘choose the cheapest options for supplying energy’;

Optionnoun

the freedom or right to choose something

‘he has no option but to pay up’; ‘she was given the option of resigning or being dismissed’;

Optionnoun

a right to buy or sell a particular thing at a specified price within a set time

‘Columbia Pictures has an option on the script’;

Optionverb

buy or sell an option on

‘his second script will have been optioned by the time you read this’;