option on
Frequency: 5.822.9 per million words
a right to buy or sell something in the future
Categories:
Examples (10)
- He's promised me first option on his car.
- The company has an option on the land adjacent to their factory.
- We need to exercise our option on the property by next month.
- She secured an exclusive option on the author's next novel.
- They took out an option on the player for another season.
- Do you have an option on those shares at a fixed price?
- The contract includes an option on additional units.
- I placed an option on the antique chair, giving me time to decide.
- Exercising the option on the new machinery proved to be a wise decision.
- Investors typically purchase an option on a stock hoping its price will rise.