| Option 1. (n.) The power of choosing; the right of choice or election; an alternative. 2. (n.) The exercise of the power of choice; choice. 3. (n.) A wishing; a wish. 4. (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. 5. (n.) A stipulated privilege, given to a party in a time contract, of demanding its fulfillment on any day within a specified limit. Thesaurus Entries alternate choice, alternative, call, chance, choice, discretion, druthers, election, emption, first option, first refusal, free choice, free decision, free will, full consent, noncontingent free will, opportunity, optionality, pleasure, possible choice, preemption, preference, prerogative, privilege, put, put and call, recourse, refusal, right, right of emption, right of preemption, say, say-so, selection, spread, stock option, straddle, strap, strip, way out, will and pleasure |