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All words

noun

option

CEFR B1

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

In a sentence

Six example sentences with option, each labelled with its topic.

  • She paid eleven dollars for an option on the miner, and watched it expire worthless when March arrived.

    Finance

  • The founders granted each engineer an option they could convert into shares only after staying three full years.

    Business

  • Farmers hedge a bad harvest by holding an option that locks in what their wheat will fetch in autumn.

    Economics

  • Every early hire took a lower salary plus an option on shares that might buy a house or nothing at all.

    Startups

  • The buyer paid for an option on the farm, giving her two years to purchase at the agreed price before it lapsed.

    Law

  • The producer bought an option on the novel for a small sum, then let it expire when no studio showed interest.

    Movies

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Found in these word lists

Found in 8 published word listsAuthoritative

Each source is a published word list that contains option. No exam board publishes an official GRE, GMAT or SAT list; GMAT words come from GRE lists and the Academic Word List.

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