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.

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.

The right, but not obligation, to buy (call option) or sell (put option) a specific amount of a given stock, commodity, currency, index, or debt, at a specified price (strike price) during a specified period of time. For public companies stock options, the amount is usually 100 shares. Also called option contract.

Security giving its holder a right, but not the obligation, to buy or sell an asset at a set price on or before a given date.

The exercise of the power of choice; also, a privilege which may give one the exclusive right to buy or sell property at a given price within a specified time.

A right (but not obligation) to buy or sell property for a set period at a set price.

the right to buy or sell a specific security at a specified price within a specified time. Page 343

An instrument that gives the owner the right to buy or sell a specified number of shares of a specified stock at a specified price within a specified period of time. A call option allows the buyer to purchase the underlying stock at any time up to the expiration date of the contract. A put option allows the buyer to sell the underlying stock at any time up to the expiration date of the contract.

Legal term for the document by which a producer acquires control of a story, equivalent to an "option to buy" in real estate.

a studio, production company, and or producer pays a someone for the exclusive rights to a literary property for a set amount of time. At the end of the time period, the material can, in most cases be optioned again, but if not the rights revert back the original owner (or writer).

The right, but not the obligation, to sell or buy the underlying (in this case, a futures contract) at a specified price on or before a certain expiration date.There are two types of options: call options and put options. Each offers an opportunity to take advantage of futures price moves without actually having a futures position.

The right, but not the obligation, to buy or sell property that is granted in exchange for an agreed-upon sum. If the right is not exercised after a specified period, the option expires and the option buyer forfeits the price of the option.

The right but not the obligation to buy (sell) some underlying cash instrument at a pre-determined rate on a pre-determined expiration date in a pre-set notional amount.

A right given for a valuable consideration to purchase or lease property at a future date, for a specified price and terms. The right may or may not be exercised at the option holder's (optionee's) discretion.

A contract that gives the holder the right, but not the obligation, to purchase or sell the underlying commodity.

The right to buy or sell something at a set price within a given time period. Employees for example, may be granted options to purchase shares in the company that employs them.

A product whereby a customer has the option, but not the obligation, to lock in an exchange rate for a future transaction.

A derivative transaction between two counterparties which entitles the buyer to purchase (call option) or sell (put option) a fixed quantity of an underlying commodity, security or derivative within a specified time period at a fixed price in return for a one-time premium payment. The fixed price is referred to as the "strike price" of the option and the end of the specified time period is referred to as the "expiration date" of the option. Exchange-traded options are limited to options on futures or stocks. For over-the-counter options, the underlying entity can be practically anything: physical commodities, futures, swaps ("swaptions"), or other options ("embedded options").

Under this sort of contract, paying an amount of money gives a right to buy or sell goods at a fixed price by a particular future date.

A contract conferring the right but not the obligation to buy (call) or to sell (put) a specified amount of an instrument at a specified price within a predetermined time period. American options can be exercised anytime between the date of purchase and expire date. European options may only be redeemed at expire date. Buying options are speculative and risky. For example, $1000 could be invested in 10 shares of Microsoft stock. But to increase leverage, $1000 could also be invested in 5 options contracts to expose one's risk to 500 shares. It all comes down to risk vs. return. If you lose on options you'll lose big, in fact if the option doesn't exceed its strike price you will lose your entire $1000.

A contract that gives the owner the right, but not the obligation, to buy or sell a particular asset (the underlying stock) at a fixed price (the strike price) for a specific period of time (until expiration) . The contract also obligates the writer to meet the terms of delivery if the contract right is exercised by the owner.

An Option is a contract between two parties to purchase or sell an underlying instrument (commodity, futures contract, cash index, etc...) at a predetermined price within a specific time period. Every Option transaction has a Option buyer and an Option seller.

An agreement which permits the owner to purchase or sell a specific security at a fixed price within a stated period of time.

A contract which gives its holder the right to buy (or sell) an asset at a predetermined price within a specified period of time.

A contract that permits the optionholder to buy or sell an asset (such as a stock or a currency) at a fixed price on or before a specific date. An option to purchase an asset is a " call," and an option to sell an asset is a "put."

A contract that gives the holder a right or option to buy or sell specified property, such as stock or real estate, at a fixed price for a limited period of time.

The right, but not the obligation, to buy (call option) or sell (put option ) a specific amount of a given stock, commodity , currency, index, or debt, at a specified price (the strike price) during a specified period of time. For the holder, the potential loss is limited to the price paid to acquire the option. When an option is not exercised, it expires. No shares change hands and the money spent to purchase the option is lost. For the buyer, the upside is unlimited. For the writer, the potential loss is unlimited unless the contract is covered, meaning that the writer already owns the security underlying the option. There are two types of options: American style and European style. American options can be exercised at any time between the purchase date and the expiry date and European options can only be exercised on a single day, usually its expiry date.

The right to buy (or sell) a share at a set price, regardless of market value.

The process of securing real property for an anticipated future use. The option is to the benefit of the borrower who secures the real property with a deposit preventing the owner from selling the real property until the option has terminated. The buyer will have a specific time period in which to buy the property. Should the time lapse, the buyer loses his option money and the seller is than able to sell to anyone who wants to purchase the property. Options are primarily used in commercial development transactions between the owner and a developer.

The right to buy or sell at a designated price at a certain point in time.

The right, but not the obligation, to sell or buy the underlying contract (in this case, a futures contract) at a specified price within a specified time.

An instrument that gives the holder the right to purchase the underlying from a contracting party at a prearranged price and at an agreed time or within an agreed period (call option) or to sell the underlying to a contracting party at a prearranged price and at an agreed time or within an agreed period (put option).

A contract which allows you to speculate about future share (or assets) price movements by giving you the option to buy or sell the shares at a set price on or before a set date. It is an option and not an obligation to buy or sell, therefore if you don't exercise the right within the agreed period, the option lapses. The right to buy is called a 'call option' and the right to sell is called a 'put' option. These are the most common and largest type of shares issued by a company.

An exchange-traded contract that gives the holder the right, but not the obligation, to buy (call option) or sell (put option) an asset (securities, commodities, etc.) at a stated price (strike or exercise price). European options can only be exercised on a stated date, while American options can be exercised at any time up to and including the stated date. The term also includes any non-exchange-traded contract with similar economic characteristics to an exchange-traded option.

The right, but not the obligation, to purchase something at a specific price at a specific time. In compensation terms, a stock option.

The right to buy or sell a specified amount of securities at a specified price within a stipulated time period or at a specific time. A put option gives the option holder selling rights while a call option gives buying rights.

The right, not the obligation, to execute a transaction at a designated price, generally involving equity interests, interest rates, currencies or commodities. See "Hedge."

An option gives the holder the right, but not the obligation, to buy or sell a specified amount of an asset, probably ordinary shares, at a specified price within a specific time period. Ordinary shares An ordinary share is a fixed unit of the share capital of a company. Ordinary shares usually carry one vote per share on important company matters, but no right to a fixed level of dividends.

A right to buy or sell a specific security or property at a specified price within a specified time.

The exclusive right, for an agreed period, to purchase or lease a property at a stipulated price or rent.

Allows, but does not require, a person to buy or sell shares of stock at a later time at a predetermined price.

A contractual agreement that provides the right to buy or sell stock at a fixed price, within a specified period of time. The right to buy a stock is known as a "call" and the right to sell a stock is known as a "put". Investors buy calls thinking the price of the stock will increase, whilst investors buy puts when they think the price of the stock will decrease.

An option is the right, but not the obligation, to buy (call option) or sell (put option) an investment holding at a predetermined price (called the exercise price or strike price) at some particular date in the future.

A contract which gives the holder the right, but not the obligation, to purchase or to sell the underlying futures contract at a specified price within a specified period of time in exchange for a one-time premium payment. The contract also obligates the writer, who receives the premium, to meet these obligations.

A contract granting a right to purchase, sell or otherwise contract for the use of a property at a stated price within a stated period of time. In secondary marketing, an instrument used to hedge marketing risk. Examples are over-the-counter mortgage options or Treasury bond futures options.

The right to buy or sell something in the future at a price agreed to now. For a weather option, a weather event has to occur before a buyer receives money from a seller.

The right, but not the obligation to buy (long call) or sell (long put) an underlying asset.

the right but not the obligation to buy or sell a fixed quantity of a commodity, currency or security at a fixed price on or until a particular date.

the privilege of having the right to ask for a transaction on specific terms within a specific timeframe.For example, an option on a real estate property allows a purchaser to buy the stated real estate for specific price by specific timeframe.The seller cannot raise the price to the person holding the option nor can they deny them the purchase. In real estate investing, investors can sell options as well as purchase them in order to save money on real estate.

The right to buy (a call option) or sell (a put option) a fixed amount of a given stock at a specified price within a specified time. Options are also traded on indexes, foreign currencies and debt instruments. A signed and approved OPTION AGREEMENT is a prerequisite to trading options.

A contractual right to purchase or sell something ... Add a comment

A contract providing the right (but not the obligation) to buy (call option) or sell (put option) an asset at a specified price within a specified period.

A contract conveying rights to one party, and obligations to the other party, to buy or sell the underlying security at a specified price by a specified date. See also call and put.

The right, acquired for a consideration, to buy, sell, or lease land at a fixed price within a specified time.

A contract that permits the owner, depending on the type of option held, to purchase or sell an asset at a fixed price until a specific date. An option to purchase an asset is a call and an option to sell an asset is a put. Depending on how an investor uses options, the risks can be quite high. Investors in options must be correct on timing as well as on valuation of the underlying asset to be successful.--See also Combination option; convention option; European Option; Exercise Price; Expiration Date; Lapsed Option; Long-Term Anticipation Securities; Restricted Option; Stock Option. --See Incentive Stock Option.

A contract whereby a property owner sells a right to purchase his or her property to a prospective buyer.

A contract that gives the owner the right (not obligation) to make a future transaction in an underlying asset, at a specified price, within a predetermined time frame.

the right, but not an obligation, to buy or sell a commodity or a financial security on a specified date in the future.

An agreement to buy or sell property on or before a specific date at a certain price.

An option is a unilateral contract that gives the holder the right to buy (call option) or sell (put option) a specific quantity of a given commodity at a specific price anytime between the initiation and the expiration of the option contract, irregardless of the market price of that commodity.

The right given, or sold, to anyone to buy stock in a company at a certain time and specified price.

Options are contracts that give the buyer the right to buy or sell a stock at a specified price on on a specified date. Options are issued by investors, where an option to buy is a call and an option to sell is a put. This investment tool is not available in the Marketocracy competition as such trading is highly restricted in the context of mutual funds.

A right to have first chance to buy or refuse to buy a property or an asset. In mining, it often refers to a contract covering a mining claim(s).

The land trust pays the landowner a set amount of money in return for an option to purchase the property or an easement on the property for a certain price by a certain date.

A financial instrument that gives the owner the right, but not the obligation to wait until expiration before admitting he has been scammed. See Option Writer.

A right given (in exchange for a fee) to purchase or lease a property according to specified terms and conditions.

Right to purchase property during a certain period of time. This right is paid for with consideration.

The right to buy (a call) or sell (a put) a specified amount of a security (stocks, bonds, futures, and so on) at a specified price within a specified time period.

An option will give the holder the right but not the obligation to execute a deal. If at the end, or expiry, of the contract there is no value in the deal then the option will not be executed.

The right (but not the obligation) to buy and sell securities at a pre-fixed price within a specific period.

A financial instrument which ensures the right to purchase (call option) or the obligation to sell (put option) a particular asset (for example shares or foreign exchange) at a pre-determined price (strike price) on or before a specific date.

A financial instrument giving an investor the right, but not the obligation, to buy or sell a specific investment at a specific price for a predetermined amount of time.

A buy (or "call") option gives the right to purchase a security at a predetermined price until a given date. A sell (or "put") option gives the right to sell a security similarly. Options contracts may be traded on organized markets, such as MONEP.

the right to buy or sell a security for a specific price for a specific time period

A contractual agreement that providing the buyer of the option the right to buy (in the case of a call option) or sell (in the case of a put option) a stock at an agreed price within a specified period of time. The seller of the option receives a "premium" for undertaking that obligation.

An instrument giving the owner the right to buy or sell an asset at a given price within a given period of time. The price at which the option owner can buy or sell is called the striking price.

A right granted to either the landlord or tenant to purchase or lease property at a specified time, at specified terms and under defined circumstances. Options typically granted via lease documentation include renewal options, expansion options, contraction options, termination options, rights of first offer, rights of first refusal, relocation options and purchase options.

A contract that gives the holder the right, but not the obligation, to buy or sell a given asset at a specified price at a future date.

When a creative entity, such as producer, artist, or studio, discovers a property and evaluates the rights status, they will, in most cases, attempt to negotiate an 'option' for the rights. An option is the right to acquire ownership of an intellectual property for a pre-determined amount of time. Size of the option payment often determines length of the agreement as well as how many forms of the rights will be included in the deal. While most option payments are subject to negotiation, script deals often work out to an even percentage of the purchase price. During that time, the buyer often attempts to get finish developing the material, or package together other elements of the film. If a buyer exercises their option to acquire the remaining rights within in the designated time, they pay the remainder of purchase costs.

A security that gives the owner the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of a put option) a specific amount of a security or index, at a specified price during a specified period of time.

This is an instrument, which, at a cost, gives the buyer the right to either sell or purchase a security or gilt at a specified price up to a specified date. A call option is one where the buyer has the right to buy the share at current market price. Thus he believes the share will rise and he can buy and sell on the same day and take his profit. A put option is where he believes the share will fall, so he has the right to sell the share at current market price. One can also buy a double option which hedges you both ways. If the circumstances you predict do not materialise, then you discard your option and lose your option money. It is a means of controlling a very large amount of capital with minimal funds.

The right to purchase or lease a piece of property at a certain price without the obligation to buy or lease for a designated period of time.

A contract that gives parties the right to buy, or sell, a specific asset or security at a specified strike price by a pre-set date. It falls under the derivatives category and comes in the form of calls (options to buy) and puts (options to sell). The cost of an option is generally a fraction of the cost of its underlying security.

A right given for a consideration to purchase or lease a property upon specific terms within a specific time; if the right is not exercised, the option holder is not subject to liability for damages; if exercised, the grantor of the option must perform.

A security that gives the holder the right to buy or sell a certain amount of an underlying financial asset at a specified price for a specified period of time.

A device used to speculate or hedge in securities markets. Buying a "call" option gives an investor the right to buy 100 shares of a stock at a certain price within a specific time; buying a "put" option allows an investor to sell a stock under the same conditions.

An option is the right or obligation to purchase or sell a given number of a company's shares at a price and within a period that are determined in advance.

The right to buy or sell stocks or commodities at a set price on or before a given date.

In real estate, the right, but not the obligation, to purchase property at a certain price during a predetermined time frame.

A contract that permits the owner (depending on the type of option held) to purchase or sell a security at a specific ("strike") price until a specified expiration date. An option to purchase a security is a "call." An option to sell a security is a "put." The price of the option itself is the "premium."

Instrument conferring the right – but not the obligation – to buy (call option) or sell (put option) a specified amount of a certain underlying at a predetermined strike price within a specified period of time. The buyer pays the seller of the option a premium (option price) for this right.

A term in a lease for the rights either tenant or landlord may have with respect to one another, usually with stipulations regarding timing of those rights.

An instrument giving the right to a party to lease or purchase the property over a specified time period for a specified consideration. It is binding for the optionor but not the optionee.

a time-limited right to acquire a property at a set price.

The right to buy or lease with specified terms for a specified period of time.

An investor's right to purchase or sell a security or commodity on a specific date for a predetermined price. If this right is not exercised by the option's expiration date, the investor forfeits the investment.

a contract whereby the buyer has the right to buy/sell a designated instrument at a specified price within a specified period of time.

A right given for a consideration to purchase property on or before a fixed date, on terms previously agreed upon. An option entitles, but does not oblige, the person having the option to make the purchase. An option in a lease refers to a further term of tenancy.

The right, but not the obligation, to buy or sell shares at a future date. If you buy a call option you think the price will go up and you agree to buy the shares. Conversely if you take out a put option you are giving yourself the right but not the obligation to sell. Plainly the owner of a put option thinks the share price will fall.

the right to buy or sell shares at a preset price before expiration.

A contract that gives the buyer the right to buy or sell a given quantity of the underlying asset at an agreed price on or before a specified date. If the right is not exercised the option expires and the buyer forfeits the money.

The right to buy or sell a given security within a particular time at a specified price. The right to buy is a call; the right to sell is a put. Unlike a futures contract, an option does not obligate the investor to perform the transaction; the obligation is only on the part of the seller.

A legal privilege to purchase or lease real estate property at a later time at a specified price and terms.

Right to purchase (call option) or sell (put option) an underlying asset – such as securities or currency - from a counterparty (writer) at a predetermined price and at a specific date or during a specific period.

An option is a contract which gives the buyer the right but not the obligation for a specified period of time to buy from (call) or sell to (put) the grantor a specified quantity of metal at a specified strike price on a specified delivery date in return for payment of a negotiated premium. The option must be declared by the buyer on or before its expiration date, unless it is an Asian option or LME Tapo, when declaration is automatic if in the money (qv).

an option is an agreement which gives the option holder the right to buy or sell a specific security at a stipulated price and within a set period of time. If the option is not exercised during that time, the money paid for it is forfeited.

The right but not the obligation to buy or sell something at a specified price for a specified time period. The seller of an options contract receives a premium from the buyer of the option and has the obligation to deliver if the contract is exercised by the buyer. Options are also referred to as Caps, Floors or Ceilings. See also PUT OPTION and CALL OPTION.

A right exercised by a buyer to keep an offer to purchase a property open for a certain amount of time.

The right (but not the obligation) during a specified period to acquire a security or asset by paying an agreed amount of money (called the exercise price). The exercise price can be significant or nominal ($.001).

to take a project off the market for a specified period of time by paying a deposit against a set purchase price when the film is set up.

A right to buy or sell. This is a derivative instrument for hedging against currency risks and price fluctuations. The buyer of an option obtains, in return for payment of an option premium (a reservation fee) the right to buy a product (e.g. a share) at a price which is fixed in advance (a call-option) or to sell (a put-option). The vendor takes over the obligation to sell or to buy the same product at a specified price if the buyer of the option exercises his or her right and exercises the option.

An offer made to a person, coupled with an undertaking by the person making the offer (the offeror) not to revoke his offer for a specified period. The person to whom the offer is made (the offeree) is then said to have an option. The option is exercised when the offer is accepted timeously. An option falls away if the offer is not accepted by the offeree before the expiry date.

A Contract that gives one party (the optionee) the right to enter some type of contract upon specified terms with another party (the optionor). Usually, the right to buy the optionor's property or note for a particular price.

Is a derivative contract. There are two primary types of options. See Put and Call. An option is considered as a Wasting Asset because it has a stipulated life to expiration and may expire worthless. Hence, the premium would be wasted.

Gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date. Investors, not companies, issue options. Buyers of call options bet that a stock will be worth more than the price set by the option (the strike price), plus the price they pay for the option itself. Buyers of put options bet that the stock's price will drop below the price set by the option. An option is part of a class of securities called derivatives, which means these securities derive their value from the worth of an underlying investment.

An agreement granting the right to buy or sell property, or to use it in some fashion, for a stated price within a stated period of time. In investments, an option refers to a contract granting the right to buy or sell a security or a commodity at a set price within a stipulated time.... read full article

Contractual right, but not obligation, to buy or sell a certain amount of a stipulated underlying during a specified period at a price set in advance.

A legal contract that permits the owner, depending on the type of option, to purchase, sell, or lease an asset at a set price for a specific time period.

Gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date. Investors, not companies, issue options. Buyers of call options profit when the underlying stock (stock, index, or other security) is worth more than the price set by the option (the strike price), plus the price they pay for the option itself. Buyers of put options profit when the underlying security's price drops below the price set by the option.

Agreement entitling the holder to buy ( call) or sell ( put) shares or commodities, within a given time and at a given price, from or to the other party to the agreement.

The right, but not the obligation, to buy or sell certain securities at a specified price within a specified time. A put option gives the holder the right to sell the security, and a call option gives the holder the right to buy the security.

An investment that gives the buyer the right, but not the obligation, to buy or sell stock at a set price on or before a given date. Trading options can be a speculative strategy.

A contractual agreement giving one party a privilege of demanding, within a specified time, the carrying out of a transaction upon stipulated terms. Return to Top of Glossary

A contract that conveys the right, but not the obligation, to buy or sell a particular item at a certain price for a limited time. Only the seller of the option is obligated to perform.

a unilateral contract which gives the buyer the right to buy or sell a specified quantity of a commodity at a specific prearranged price within a specified period of time, regardless of the market price of that commodity at the time. Options on futures contracts are options to take a long or short futures contract in a particular commodity rather than the commodity itself.

to Purchase The right to purchase or lease a property at a certain price for a certain period of time. For example, a lease agreement with a purchase option provides the prospective buyer with a limited option to eventually purchase the property. Any financing that the buyer obtains (after a seasoning period) often will be considered a refinance, so that down payment is not always necessary. For more information, see the "Buying Real Estate With Option Contracts" articles in the "Creative Financing" section.

An agreement to buy or sell property on or before a specified date at an established price. The sale or exchange of an option to buy or sell property results in capital gain or loss if the property is a capital asset.

Right to take up or sell shares at an agreed price at or before a specified future date. Prefixed with terms of " CALL" or " PUT".

An option is a weather derivative contract in which the long counterparty has the option to receive money from the short counterparty if the strike falls within a certain range of values. In practice, the long counterparty would always exercise that right if it is in their interest to do so, and so the outcome from an option is entirely predictable given the final index value. The most common types of option are Puts, Calls and Collars. Straddles and strangles also exist.

When a potential buyer puts money in escrow and signs a contract for the right to purchase a property within a certain period of time, and at a specific price.

The standard definition of an option states that it’s: "the right but not the obligation to buy or sell a given amount of a standardised product at a predetermined price on or by a given date". An option that gives you the right to eventually make a purchase at a predetermined price is called a "call" option. An option that gives you the right to eventually make a sale at a predetermined price is called a "put" option. Options are either exchange traded - in which case they are standardised in terms of contract sizes and expiry cycles - or OTC - in which case the investor can specify or negotiate the terms of the contract.

A contract which gives the holder a right, but not an obligation, to purchase the underlying futures contract, at a price and time specified in the option. Thus a 90 March Call option will give the buyer the “option” to buy a futures contract at a price level of 0.9000 before the option expires in March.

A financial derivative instrument that gives the right to purchase (call) or sell (put) a fixed amount of stock at a specified price and within a certain time limit. Option prices can be traded with Finspreads

Agreement of renting the rights to a script for a specific period of time.

Gives the purchaser the right but not the obligation to buy or sell a specific amount of currency at a specific rate of exchange on or before a specific future date.

Gives the buyer the right (but not the obligation) to buy or sell a specified amount of currency at a predetermined price (strike) on or before the maturity (expiry date). Options may be traded over-the-counter (OTC) directly with Smith Barney/Citibank.

A contract giving the holder the right, but not the obligation, hence, "option," to buy ( call option) or sell ( put option) a futures contract in a given commodity at a specified price at any time between now and the expiration of the option contract.

1. An agreement, or privilege, which conveys the right to buy or sell a specific security at a stipulated price and within a stated period of time. If not exercised during that time, the money paid for the option is forfeited. 2. Right to buy or sell property that is granted in exchange for an agreed-upon sum.

a contract that gives the purchaser the right, but not the obligation, to buy or sell the underlying commodity at a certain price (the exercise, or strike, price) on or before an agreed date. see also exotic option, vanilla option

The right to purchase a property under certain terms and conditions, usually for a specific price and during a specific period of time.

An agreement that represents the right to buy or sell a specified amount of an underlying security, a stock, bond, futures contract, etc. at a specified price within a specified time. The purchaser acquires a right, and the seller assumes an obligation. Stock options are traded on several exchanges, including the Chicago Board of Options Exchange, the American Stock Exchange, the Philadelphia Stock Exchange, the Pacific Stock Exchange and the New York Stock Exchange; futures options are traded on all U.S. futures exchanges; over-the-counter options are traded with a wide variety of financial institutions.

An option is the right either to buy or to sell a specified amount or value of a particular underlying interest at a fixed exercise price by exercising the option before its specified expiration date. An option that gives a right to buy is a Call Option, and an option that gives a right to sell is a Put Option.

The right to buy an asset, most often securities, on a set date for a specified amount.

a contract for the right to buy or sell an asset, typically a commodity, under certain terms.

Money paid to a writer by a producer for exclusive rights to a script. A specific time is specified during which the producer tries to put together funding to put the project into production.

A contract that entitles the holder to buy or sell a number of shares (usually 100) of a particular common stock at a predetermined price (see striking price) on or before a fixed date (see Expiration Date).

A right given to a person to buy, sell or lease property within a stated period and under certain specified terms. A contract to keep an offer open.

The exclusive right, usually obtained for a fee, to buy or sell something within a specified time at a set price.

The right to buy or sell an underlying asset at a fixed price up to some specified date in the future. The right to buy is a call option, and the right to sell is a put option.

A clause in a Contract permitting an increase in the quantity of supplies, or the extent of work, or the time allowed, beyond the amounts stated in the base contract. [D03662] RMW

A right given, for consideration, to purchase or lease property upon stipulated terms within a specific period of time

a security representing the right, but not the obligation, to buy or sell another security at a specified price before a certain date. Used by sophisticated investors to control risk. Additional definitions are given in the section on Options.

The right to buy or sell an asset (called the underlying asset) at a future date for an agreed price.

A contract that permits one party to buy from (or sell to) the other party something at a prespecified price during a prespecified period of time, leaving the choice of whether to do this or not (whether to " exercise" the option) up to the first party, which buys the option. Options exist for many assets, including foreign exchange.

A contract to buy (call) or sell (put) an underlying asset at a pre-set price by ('American style') or on ('European style') a specified date.

A right given for a consideration to keep an offer to purchase or lease open for specific time.

The right to buy or sell a stock at a set price on or before a specific date.

An option is the right to purchase a security at a specified price for a specific period of time.

The right or obligation to buy or sell a commodity on a specific date at a specific price

financial derivative granting the owner (buyer) the right, but not the obligation, to buy or sell an underlying asset (e.g. a product, a security, a currency or another derivative) at an agreed price (the strike price) at/before an agreed future point in time. The seller of an option is obliged to fulfil the owner's right. An option can also be an inherent element of securities in the form of the right of premature redemption.

A contractual clause permitting an increase in the quantity of supplies beyond that originally stipulated or an extension in the time for which services on a time basis may be required.

An agreement to keep open, for a set period, an offer to sell or lease real property.

The privileges of buying and/or selling specified securities or commodities in specified amounts, at specified prices, and for a specified duration of time

An option is the right to buy or sell a specified amount of a security (stocks, bonds, futures contracts, etc.) at a specified price on or before a specific date. Options expire at a specified time. Stock options expire on the third Saturday of each month. Options can be bought and sold prior to expiration and can be exercised prior to expiration. An option’s price is made up of intrinsic value (the amount of money the option is in the money) and time value (any portion of the option price that is in excess of the intrinsic value).

An option is a contract between two parties giving the taker (buyer) the right, but not the obligation, to buy or sell an underlying asset at a particular price on or before a particular date.

An agreement between a producer, or production entity, and the author of a screenplay wherein the producer pays an upfront fee and then has a specified period of time (a year, for example) to raise or arrange production funding for the project. If the funding is raised in a timely fashion, then the producer can buy the screenplay and begin pre-production on the project. A producer can also option rights to a story that would become the basis or inspiration for a screenplay.

An option gives one party the right to purchase the sellerÕs property at a given price during a given period of time, provided consideration is exchanged for this right

An option is a contract that gives the holder the right, but not the obligation to buy or sell a currency at a specified price within a specific time frame.

A right, given for consideration, to purchase or lease a parcel of property within a specified time and on specified terms.

A contract that allows an investor to sell or purchase an asset at a fixed price until a specific date. An option to purchase an asset is a call and an option to sell an asset is a put.

A security that represents the right, but not the obligation, to buy or sell a specified amount of an underlying security (stock, bond, futures contract, etc.) at a specified price within a specified time.

The unilateral right to do something. For example, the right to renew a lease or purchase a property. The optionee is the holder of the option. The optionor is the grantor of the option. The optionor is bound by the option, but the optionee is not.

An agreement whereby one has the exclusive right to buy another's property at a specific price, with a time limit.

a contract between the seller/lessor and the buyer/lessee wherein the former, for a consideration known as option money, binds himself to reserve the property for the latter to purchase/lease at a stipulated price and within a stipulated period.

A security which gives its holder the right but not the obligation to buy or sell a share in a company at a specified price (called the exercise price) on a stipulated date (called the exercise date). An option which if not exercised, expires worthless. Options are usually transferable and can themselves be traded rather than used as a means to obtain the underlying security.

A contract that confers the right, but not the obligation, to buy/sell a specific amount of a commodity, currency, or security at a specific price, on a certain future date.

the right to make a choice; a purchased privilege which gives the holder the power to make the agreement.

An agreement giving one party the right to choose a certain course of action.

Right to buy or sell a specified property at a specified amount at some time in the future.

A contract which gives the buyer the right, but not the obligation to buy or sell a particular asset at a particular price

An option gives a right - not an obligation - to buy or sell a given commodity, at a set price, within an agreed period. A call option gives the right to buy a security at an agreed price, called the strike price. A put option gives the right to sell before a give date. A traded option is one that can be bought and sold on the traded option market run by the Stock Exchange. A traditional option can be exercised on one day only. The premium is the price you pay to acquire the option.

The opportunity to buy an investment at a stated price.

Grants the right but not obligation to buy/sell assets at a price before a date.

The right (but not the obligation) to buy or sell securities at a fixed price within a specified period.

An agreement in which a party is given a right for a specified time to purchase, lease or obtain a property or note upon specific terms.

A binding obligation of the Buyer/Seller to purchase /sell a Payment claim according to the Agreed terms provided that the Option Fee has been paid and that the Seller/Buyer chooses to exercise the option.

See lease option.

The right to buy (or sell) a specified amount of a security (stocks, bonds, futures contracts) at a specified price within a specified time. An option represents a right acquired by the purchaser, but it is an obligation only on the part of the option seller.

The right to purchase or sell a specified number of shares of a security (stock) at a specified price on or before a specified date.

A Right to require an act to be done in the future.

An agreement, usually in writing, giving a person the right to buy or sell something for an agreed upon price on or before a certain date.

The right to take up property or shares (Exchange Traded Option) on specific terms within or at a set time.

The right to buy stock at a future date, usually at a predetermined price.

A situation in which a buyer puts down money for the right to purchase a piece of real estate within a set time period but does not have an obligation to buy.

The right, but not the obligation, to buy or sell an asset, such as currency, on or before a set future date

A clause in a lease agreement which allows the lessee the right to purchase the leased property at a specified sale price and terms. An option may also be granted absent a lease agreement.

The right to buy or sell specific securities at a specified price within a specified time. A put gives the holder the right to sell the stock, a call the right to buy the stock. In recent years options on specific stocks have been listed in several exchanges so that it is now possible to trade these instruments in the same way that the underlying stocks can be bought and sold.

The right to buy or sell property or sign a contract, based upon certain terms and conditions. Usually applicable to specific time frames during which the "option" may be exercised.

A contract between two parties in which one party, the holder, has the option to either buy or sell a security to the other party, the writer.

The right to buy a stock, commodity or other financial instrument at a future date and for a set price. In general, if the right is not exercised by the specified date, the option expires and the buyer forfeits his or her money.

The contractual right, but not obligation, to buy or sell an investment for a specified price within a set period of time in the future. The right to buy is called a 'call option' and the right to sell is called a 'put' option. Options are derivatives that can be bought and sold in a futures market, such as Liffe. If you don't exercise the right within the agreed period, the option lapses. This is different to a future, which has to be honoured come what may (unless you sell it before the contract comes into force).

A derivative that gives the owner the right to buy or sell stock at an agreed upon price within a certain period of time.

The right, but not the obligation, to buy or sell an underlying futures contract at a specific price during a specified time period. (Can also mean the price of cash grain or oilseed that is equal to the underlying futures price. Example: The cash price for soybeans in the first half of July is 8.00 and at the same time, July futures are 8.00.) See also "Call Option," "Put Option" and "Strike."

An agreement, or privilege, which conveys the right to buy or sell a specific security or property at a specified price, by a specific date.

Under the terms of an option contract, a buyer has the right to buy or sell a futures (or other) contract, at a specific price within a set period of time. The contract price is not dependent on the current market price for the contract item. The buyer is under no obligation to fulfil the contract.

The right to buy or sell an asset at a pre-arranged price.... more on Option

A contract that gives the purchaser the right, but not the obligation, to buy or sell an underlying instrument at a certain price (the exercise, or strike price) on or before an agreed date (the exercise period). For this right, the purchaser pays a premium to the seller.

a contract that gives a buyer the right to buy or sell 100 shares of stock within a certain period of time and at a pre-established price. A call option gives an investor the right to buy 100 shares of stock at a specified price, while a put option allows him to sell 100 shares.

A derivative instrument which provides the buyer of it with the right to do something which the seller of the option is obliged to do.

A contract providing the right to buy or sell something often 100 shares of corporate stock-at a fixed price, within a specified period of time.

is a contract that allows the option holder to purchase a property for a predetermined price within a specific period of time. The holder of the option does not have to go through with the purchase.

Within the futures industry, a contract that conveys the right, but not the obligation, to buy or sell a futures contract at a certain price for a limited time.

A right to buy (call) or sell (put) a fixed amount of a given stock at a specified price within a limited period of time. The purchaser hopes that the stock's price will go up (a call) or down (a put) by an amount sufficient to provide a profit when the option is sold. If the stock price holds steady or moves in the opposite direction, the price paid for the option is lost entirely. There are several other types of options available to the public but these are basically combinations of puts and calls. Individuals may write (sell) as well as purchase options. Options are also traded on stock indexes, futures, and debt instruments.

Gives the buyer the right, but not the obligation, to buy or sell stock at a set price on or before a given date. Investors, not companies, issue options. Investors who purchase call options bet the stock will be worth more than the price set by the option (the strike price), plus the price they paid for the option itself. Buyers of put options bet the stock's price will go down below the price set by the option.

A contract that entitles the buyer to buy (call) or sell (put) a predetermined quantity of an underlying securities for a specific period of time at a preestablished price.

A call option is a contract in which a seller gives a buyer the right, but not the obligation, to buy the optioned shares of a company at a set price (the strike price) for a certain period of time. If the stock fails to exceed the strike price before the expiration date, the option expires worthless. A put option is a contract that gives the buyer the right, but not the obligation, to sell the stock underlying the contract at a predetermined price (the strike price). The seller (or writer) of the put option is obligated to buy the stock at the strike price.

Right to purchase or sell a particular investment at a specified price for a period of time.

a security which gives its holder the right to buy another security or commodity at a fixed price up until a fixed point in time in the future, at which point the option expires.

A contract that gives the owner the right, if exercised, to buy or sell a securi...

A contract in which a seller gives a buyer the right, but not the obligation, to buy or sell securities at a specified price on or before a given date.

The right (but not the obligation) to buy or sell securities at a given price (exercise or strike price) before a given date (expiry date).

A contract which gives the holder the right to buy or sell a specified asset at an agreed price on or before an agreed date in the future. The right to buy an asset is referred to as a call option. The right to sell is referred to as a put option.

This is the name for a contract where somebody pays a sum of money for the right to buy or sell goods at a fixed price by a particular date in the future. However, the goods do not have to be bought or sold.

The securing of the rights to a screenplay for a given length of time.

An investment contract that gives the owner the right but not the obligation to buy or sell an asset at a predetermined price within a stated period of time.

A formal contract which grants the holder of the option the right to buy or sell a certian quantity of an underlying interest or asset at a stipulated price within a specific period of time.

the right (but not the obligation) to buy or sell an asset at a pre-agreed price at, or sometimes before, a fixed date in the future

A provision made within a record contract or publishing contract which gives the company the right to extend the contract for a longer period of time. Options within a record contract usually mean additional albums. For example, if a record contract states that the artist must deliver two albums and has 1 option, the artist must deliver two albums and after that the company may decide to accept one more or they may terminate the contract at that point.

An option contract gives the buyer right but not the obligation to buy (call option) or to sell (put option) a quantity of the underlying asset at a specified price (strike price) by or on a certain date.

derivative contract which gives the buyer the right, though not the obligation, to buy or sell a specific quantity of the underlying asset (e.g. security, commodity, currency, etc) at a stated strike price, within a specific period or on a specified date. In return for this right, the buyer of the option will have to pay a premium. Options are issued by investors, not by companies. Companies may buy them as a means of cover against risk (for instance, exchange rate fluctuations). See also Seller of an Option, Call option, Put option. Français: Option Español: Opción

A contract where one party (the Option writer) grants another party (buyer) the right to demand that the writer perform a certain act. See CALL OPTION and PUT OPTION.

A contract that gives its owner the right, but not the obligation, to either buy or sell a specified underlying asset at a specified price for a specified period of time.

An agreement that gives an investor the right, but not the obligation, to buy or sell a stock, bond or commodity at a specified price within a specific time period. A call option is an option to buy the security; a put option is an option to sell. If the option is not exercised before the expiration date, all monies paid for the option are forfeited. Options are traded on several exchanges, including the Chicago Board of Options Exchange, the American Stock Exchange, the Philadelphia Stock Exchange, the Pacific Stock Exchange and the New York Stock Exchange. See Derivative.

A right given to purchase or lease a property upon specified terms within a specified time. If the right is not exercised, the option holder is not subject to liability for damages. If the holder of the option exercises it, the grantor of the option must perform the option's requirements.

A foreign exchange instrument where the buyer has the right, but not the obligation, to buy a standardised amount of foreign currency on a defined day, at a given price, or the strike price.

The contractual agreement giving the buyer of the option the right to exercise that option if he or she so wishes.

A privilege sold by one party to another that offers the buyer the right, but not the obligation, to buy (call) or sell (put) a security at an agreed-upon price during a certain period of time or on a specific date.

The right to buy or sell a security at a given price within a given time.

The right to buy or sell a specified amount of securities at a certain price within or at the end of a stipulated time period. A "put option" gives the holder selling rights while a "call option" gives buying rights.

The right or obligation to buy or sell a specific quantity of a security at a specific price within a stipulated period of time.

A contract that gives the buyer the right but not the obligation to buy or sell a futures contract or a specified quantity of a commodity, security, currency or index at a specific price within a specified period of time, regardless of the current market price of the underlying item.

An agreement which conveys the right to the holder to buy (receive) or sell (deliver) a specific security at a stipulated price and within a stated period of time. If the option is not exercised during that time, the money paid for it (but no more than that amount) is forfeited. See also Call Option.

A derivative product that gives the owner the right, but not the obligation to by a specified security, at a specified price, by a specified date. The seller, on the other hand, is obligated to buy or sell a specified security, at a specified price, by a specified date.

Side trip offered that is not necessary. Also, date by which payment needs to be made, or the time frame given for payment to be made or reservations will usually be canceled. The cruise lines offering of a specific cabin (or guarantee) for a specified period of time during which the passenger decides whether or not to accept. Acceptance is confirmed either by a deposit or final payment.

A contract that gives the holder the right, but not the obligation, to purchase or sell a commodity at a specific price within a specified time period in return for a premium payment.

The right to buy or sell a security or commodity at a specified price during a specified period. The holder of an option has the right, but not the obligation, to buy (call option) or sell (put option) a security or commodity at a specified price during a specified period. The writer of an option is obligated to sell (call option) or purchase (put option) the instrument only if the holder chooses to exercise the option.

an agreement to buy or sell an asset at a set price and within a set time

The right to either buy or sell a stock, commodity, currency, or index at a specified price during a specified time period.

A derivative giving its holder the right, but not the obligation, to buy or to sell a certain amount of the underlying financial product, usually a security, on a specific date at a predetermined price. See call option, put option.

A right given for consideration to purchase or lease a property upon specified terms within a specified time.

Contracts with a seller and a buyer, giving the buyer the right, but not the obligation, to buy or sell the underlying instrument.

The agreement to keep an offer to purchase or lease open for a specific period of time

(1) A commodity option is a unilateral contract which gives the buyer the right to buy or sell a specified quantity of a commodity at a specific price within a specified period of time, regardless of the market price of that commodity. Also see Put and Call; (2) A term sometimes erroneously applied to a futures contract. It may refer to a specific delivery month, as the "July Option."

An agreement to keep a contract open for a set period of time, typically, on an offer to lease or sell real property. Monetary consideration must be given in order to be considered a valid option.

Contractual right to buy (= call option) or sell (= put option) a specific amount of a given instrument at a predetermined price on (= European-style option) or up to (= American-style option) a future date.

1. A document giving the right, but not the obligation, to purchase a piece of property at a predefined price and terms within a set time period. 2. The ability or right to choose a certain alternative. 3. Features offered in a new home that are not included at the base price - for example, upgraded cabinets.

The right of a shareholder in a company to purchase further shares in that company at a predetermined price for a specific period of time.

The right to buy or sell a security for a specific price during a stipulated period. If the option is not exercised during this period, it expires and the buyer forfeits the money paid.

In commodities trading, the right but not the obligation to purchase or sell a specified quantity at a specified price for a specified time period, in exchange for a one-time premium payment to the option seller, who must deliver if the contract is exercised by the buyer.

A legal agreement giving someone the right to buy, sell or lease a property or item at specified terms for a specified period.

a contract giving an investor either the right to buy or the right to sell 100 shares of stock over a fixed period of time; a call option refers to the right to buy, while a put option refers to the right to sell

An option is a security that can be bought as a contract to fix the price on another, underlying security. The buyer can pay the issuer of the option a premium that fixes the price on an investment, including stocks, bonds, real estate, and others, for a specified period of time. The holder of the option can then choose to buy or sell the underlying security at the fixed price during this time period; however, the holder is under no obligation to buy. For example, if the holder purchases an option to buy a stock at $30, the individual may not wish to buy the stock during the time period of the option if the shares are being sold for $27. However, if the shares are being sold for $33, the holder will save $3 per share with the option. Thus, options may or may not prove advantageous to the holder.

Contracts giving the holder the right but not the obligation to purchase or sell a security on or before a predetermined future date for a fixed price. Options on securities indexes are similar, but settled in cash.

See on: Wikipedia Investopedia A contract conferring the right but not the obligation to buy (call) or to sell (put) a specified amount of an instrument at a specified price within a predetermined time period.

Contract which grants the option holder the right, but does not impose the obligation, to purchase (call option) or sell (put option) a precisely defined quantity of a specified commodity ( underlying instrument/commodity) at a price agreed in advance (exercise price, strike price) at or by a certain date (expiry/exercise/strike date). The option holder pays the writer of the option a so-called option premium for this right. European style options can only be exercised on exercise date, whereas American style options can be exercised during their entire remaining life.

The right to buy or sell an investment instrument, usually a security, at a previously agreed price by a set date. The option buyer or seller pays a premium to lock in the price of the underlying investment without initially having to buy or sell the investment.

A right given by the owner of property to another (for valuable consideration) to buy certain property within a limited time at an agreed price.

When a potential buyer puts down an amount of money for the right to purchase a piece of real estate within a certain period of time, but is not obligated to buy.

A privilege, acquired for a consideration, of demanding within a specified time the carrying out of a transaction upon stipulated terms. The optionor grants an option to an optionee.

A security that confers the right to buy or sell an underlying asset at a pre-determined strike (or exercise) price on or by a certain date. Options can be bought and sold to profit from the move in price of the option itself.

An innovative financing instrument that gives the right, but not the obligation, to buy or sell a specified amount at the exercise price, at or before the expiry date.

A covenant in a lease allowing the tenant to extend the period of a lease on the same terms and contained with the original period unless advised in advance.It can also be a form of exclusive rights to purchase a property subject to terms agreed in advance.

AKA: Optioning a Script To buy the exclusive rights to a script, within a specified time at a set price, effectively guaranteeing that during the indicated time period, the writer will not share the idea with anyone else.

The right to purchase property within a definite time at a specified price. There is no obligation to purchase, but the seller is obligated to sell if the option holder exercise the right to purchase. For the option to be valid, it must include consideration.

A contract that gives the buyer the right, but not the obligation, to buy or sell a specified quantity of a commodity or other instrument at a specific price within a specified period of time, regardless of the market price of that instrument. Also see Put and Call.

A derivative instrument that provides the right to buy or sell a commodity at a given price sometime in the future. The buyer then can choose whether or not to exercise the option depending on market conditions and investment strategy.

An agreement to keep open, over a set period, an offer to sell or purchase property.

The right to purchase or sell an author's subsequent work, or the right to purchase or sell the subsidiary rights to an author's work during a specified period of time.

In the film industry, an option is a contractual agreement between a movie studio, a production company, or a producer (henceforth called the "producer") and a writer, in which the producer obtains the right to buy a screenplay from the writer, before a certain date. In the same way, producers can obtain options to write screenplays based on books, articles, video games, songs, or any other conceivable works of authorship. The term is often used as a verb in Hollywood: Paramount optioned the book by Philip K.

An option contract is an agreement in which the buyer (holder) has the right (but not the obligation) to exercise by buying or selling an asset at a set price (strike price) on (European style option) or before (American style option) a future date (the exercise date or expiration); and the seller (writer) has the obligation to honor the terms of the contract. Since the option gives the buyer a right and the writer an obligation, the buyer pays the option premium to the writer. The buyer is considered to have a long position, and the seller a short position.

When the big blind faces an unraised pot, preflop, he has the option of checking, or raising.

An available choice within a feature category, as in the ten colors of paint offered for a given car model. The combination of options selected for a given order determine the end item configuration and sometimes change its final price or standard cost. Often used in assemble-to-order (ATO) environments.

The term used in Hold'Em or Omaha poker games when a player posting the Big Blind receives the opportunity to raise after all players have acted but have not raised.

Any live blind has the option of raising when it comes to their turn. The dealer may say, "You have an option" when the action comes to the big blind.

Specialized coverage that the applicant has the choice of adding to basic coverage for an additional premium.

Most life insurance policies provide options with respect to settlement arrangements, dividends, and nonforfeiture values.

A computing activity that you can select, usually a choice from a menu.

When a player posts his blind, he has the "option" of either checking or raising.

If you have a blind, you are given a choice to raise

The option of either checking or betting. For example, if there is no raise, the big blind has an "option" on the first betting round.

This term refers to the option given the big blind player the option of raising before the flop.

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A clearance which authorizes a pilot to perform their choice of a full stop landing, touch and go, stop and go, low approach or go around/missed approach.

If no one raises the big blind, then the player in that position has the option to raise when their turn comes around. The dealer will typically say something like "your option," to remind them.

When a player posts a live blind, that player is given the option to raise when their turn comes around, even if no one else has raised; straddle.

The choice of benefit payment method made by a retiring member of the FRS Pension Plan . The four benefit payment options available under this plan are briefly described below: • Option 1 provides a continuing monthly benefit to the retiring member for his or her lifetime; • Option 2 provides a reduced monthly benefit to the retiring member for his or her lifetime, with 10 yearsâ€(tm) certain (i.e., if the member dies within 120 months of retiring, his/her surviving beneficiary would receive a continuing benefit for any remaining months); • Option 3 provides a reduced monthly benefit to the member for his or her lifetime and a continuing lifetime benefit in the same amount to the memberâ€(tm)s surviving joint annuitant (with specified exceptions); and • Option 4 provides a reduced continuing lifetime benefit to the member and his or her joint annuitant . Upon the death of either of them, the benefit to the survivor is reduced to an amount equal to two-thirds of the existing benefit (with specified exceptions). For details, see “ What Retirement Option Should You Choose

The choice to raise a bet given to a player with a blind.

Usually, a type of play in which the quarterback has the option of handing off, keeping, or laterally passing to one or more backs. Often described by a type of formation or play action, such as triple option, veer option, or counter option. Teams running option plays often specialize in them. Less often, a play in which a back may either pass or run

in Texas Holdem the Big Blind can raise or check in the unraised pot.

A player who has posted a blind, once betting has gone around the table, is given the option to raise the pot, even if no other player has raised.

A player who has the option of raising the big blind. This only takes place if no-one so far has raised it.

The live blinds choice of either checking or raising the minimum bet they have already placed. If the blind raises, then all other players will have to meet that bet in order to play that hand.

A choice in a dialog box.

In hold’em the big blind can raise even if no other player has. He has the “option” of raising. This is the only time when a player may bet (post the big blind in this case), get called and then still put in a raise.

A choice of methods of receiving policy dividends, nonforfeiture values, death benefits, or cash values.

An option is a Live Blind made in the dark before the cards are dealt. If none of the players raises, the "option" player may raise the pot.

A play which describes a quarterback having a choice (option) of running or passing the ball. Also refers to a running back who passes the ball downfield after receiving a handoff from the quarterback.

This occurs when no-one has raised the "Big Blind" and the betting gets back around to this player, they then have the option of raising or checking before the flop is dealt.

If there has been no raise, then a player who has posted the big blind, or any required blind equal to the big blind, has the option to either check or raise when the action reaches that east. No other player has the option to check.

An option is a Live Blind Bet made before the cards are dealt. If no one Raises, the "Option" player may Raise.

a user-configurable choice or setting. optionDown - the Lingo property the optionDown indicates whether the Option key is being pressed.

If a big blind's ability to check or raise in an unraised preflop pot.

A play when the quarterback has the choice of passing, handing off or running with the ball.

A choice that must be made by the customer or company when customizing the end product. In many companies, the term option means a mandatory choice from a limited selection. See: feature.

An offensive play rarely used in professional football where the quarterback will run with the ball, but pitches it to a running back behind him if he's about to be tackled. Used frequently by Nebraska Cornhuskers. Rarely used in the NFL because the defense will always get to tackle the quarterback which risks injury.

One of many parameters that can be part of a command tall. Use options to specify additional conditions for a command's execution.

an argument that controls how the shell executes a command, e.g., in the command ls - l, the - l is an option that tells the shell to do a special kind of directory listing, that is, a long listing of files.

(n.) A variation on or modification to a command, usually requested by use of a flag.

A variable that modifies the way a program performs. Options can appear on the command line, or they can be part of an initialization file (such as TOOLS.INI). An option is sometimes called a switch.

An argument used in a command line to modify program output by modifying the execution of a command. When you do not specify any options, the command executes according to its default options.

A variable used to change the default conditions under which a process executes. Options are supplied to commands on the command line.

An item typed after a DOS command that is not required for the running of the program. It is sometimes called a "switch" as it switches on additional instructions for the computer. A way to customise the running of a program.

or flag A letter preceded by a dash (-) and separated from the command name by a blank. For example

An action related to a command.

A command argument that takes one of a small number of values. Command arguments that specify files (for example) are not options.

A legal method by which a purchaser may reserve a property for a period of time under mutually agreed terms. This sometimes includes financial penalties, so discuss with a solicitor before entering into any option arrangement.

An agreement to purchase a property (subject to the buyer reaching defined benchmarks of performance or making payments) between the property vendor and a third party who wishes to explore the property further.