Definition of option
- n. - The power of choosing; the right of choice or election; an
alternative.
- n. - The exercise of the power of choice; choice.
- n. - A wishing; a wish.
- n. - 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.
- n. - A stipulated privilege, given to a party in a time
contract, of demanding its fulfillment on any day within a specified
limit.