option
US /ˈɑːp.ʃən/
UK /ˈɑːp.ʃən/
1.
a thing that is or may be chosen
:
•
You have two options: stay or leave.
•
Choosing the right career path is a big option.
2.
the right to buy or sell something at a specified price within a set period
:
•
He bought an option to purchase the land.
•
Stock options are a common form of employee compensation.