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In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option.
In finance, a bond option is an option to buy or sell a bond at a certain price on or before the option expiry date. [1] These instruments are typically traded OTC . A European bond option is an option to buy or sell a bond at a certain date in future for a predetermined price.
The term "Hobson's choice" is often used to mean an illusion of choice, but it is not a choice between two equivalent options, which is a Morton's fork, nor is it a choice between two undesirable options, which is a dilemma. Hobson's choice is one between something or nothing.
An option contract, or simply option, is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer". [1] Option contracts are common in relation to property (see below ) and in professional sports .
A thesaurus (pl.: thesauri or thesauruses), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms, sometimes simply as lists of synonyms and antonyms.
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Option N.V., a company providing wireless technology devices "The Option", an alternate name for the South Tyrol Option Agreement, a resettlement program of German speakers living in Italy initiated by Adolf Hitler and Benito Mussolini; Flight Options, an American fractional ownership airline founded by Kenn Ricci that uses the callsign "Options"
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