What is another word for option?

356 synonyms found

Pronunciation:

[ ˈɒpʃən], [ ˈɒpʃən], [ ˈɒ_p_ʃ_ə_n]

The word "option" is often used when referring to a choice that is available to someone. However, there are a number of synonyms that can be used in place of this word to convey a similar meaning. Some possible synonyms for "option" include "alternative," "choice," "selection," "possibility," "preference," "decision," and "course of action." Each of these words has its own nuances and connotations, so it is important to consider the context in which they are being used. For instance, "alternative" may suggest a different approach or solution, while "selection" may imply a more limited set of choices. Ultimately, choosing the right synonym for "option" depends on the specific situation and intended meaning.

Synonyms for Option:

How to use "Option" in context?

The option metaphor is a useful tool used in financial planning. It helps individuals better understand the risks and rewards associated with different investment options.

An option is a contract that gives the holder the right, but not the obligation, to purchase a security at a set price within a certain time period. The term can also be used to refer to the underlying security.

There are two types of options: call and put. A call option gives the buyer the right, but not the obligation, to purchase the security at the designated price before the expiration date.

Paraphrases for Option:

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Hyponym for Option:

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