The definition of an option is the choice or the power to make a choice, or a contract for the right to buy or sell something at a specific price within a specific time period.(noun)
See option in Webster's New World College Dictionary
Origin: Fr < L optio < optare, to wish, desire, ult. < IE *op-, to choose, prefer
See option in American Heritage Dictionary 4
Origin: Latin optiō, optiōn-.
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