Options

From Nordan Symposia
Revision as of 00:31, 27 March 2010 by Rdavis (talk | contribs) (Created page with 'File:lighterstill.jpg *Date: [http://www.wikipedia.org/wiki/16th_Century 1593] ==Definitions== *1 : an act of choosing *2 a : the power or right to choose : [[fr...')
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Lighterstill.jpg

Definitions

b : a privilege of demanding fulfillment of a contract on any day within a specified time
c : a contract conveying a right to buy or sell designated securities, commodities, or property interest at a specified price during a stipulated period; also : the right conveyed by an option
d : a right of an insured person to choose the form in which payments due on a policy shall be made or applied
  • 3 : something that may be chosen: as a : an alternative course of action <didn't have many options open>
b : an item that is offered in addition to or in place of standard equipment
  • 4 : an offensive football play in which a back may choose whether to pass or run with the ball —called also option play