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Option

Definition

[n] the act of choosing or selecting; "your choice of colors was unfortunate"; "you can take your pick"
[n] an alternative action; "what option did I have?"; "there no other alternative"; "my only choice is to refuse"
[n] the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited


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