OPTIONING
Verb
optioning
present participle of option
Anagrams
• potioning
Source: Wiktionary
OPTION
Op"tion, n. Etym: [L. optio; akin to optare to choose, wish, optimus
best, and perh. to E. apt: cf. F. option.]
1. 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. Washington.
2. The exercise of the power of choice; choice.
Transplantation must proceed from the option of the people, else it
sounds like an exile. Bacon.
3. A wishing; a wish. [Obs.] Bp. Hall.
4. (Ch. of Eng.)
Definition: 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.
5. (Stock Exchange)
Definition: A stipulated privilege, given to a party in a time contract, of
demanding its fulfillment on any day within a specified limit.
Buyer's option, an option allowed to one who contracts to buy stocks
at a certain future date and at a certain price, to demand the
delivery of the stock (giving one day's notice) at any previous time
at the market price.
– Seller's option, an option allowed to one who contracts to
deliver stock art a certain price on a certain future date, to
deliver it (giving one day's notice) at any previous time at the
market price. Such options are privileges for which a consideration
is paid.
– Local option. See under Local.
Syn.
– Choice; preference; selection.
– Option, Choice. Choice is an act of choosing; option often means
liberty to choose, and implies freedom from constraint in the act of
choosing.
Source: Webster’s Unabridged Dictionary 1913 Edition