Synonyms of option

Noun

1. option, derivative instrument, derivative

usage: 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

2. option, alternative, choice, decision making, deciding

usage: one of a number of things from which only one can be chosen; "what option did I have?"; "there no other alternative"; "my only choice is to refuse"

3. choice, selection, option, pick, action

usage: the act of choosing or selecting; "your choice of colors was unfortunate"; "you can take your pick"

Definition and meaning of option (Dictionary)