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Word: option (lookup usage) (lookup stats)


Meaning:

Noun:

  • finance A contract giving the holder the right to buy or sell an asset at a set strike price.
  • One of the choices which can be made.
  • The freedom or right to choose.

Source: Wiktionary | Src Info »

Verb:

  • To purchase an option on something.

Source: Wiktionary | Src Info »