option


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Related to option: stock option, call option, put option

option

1. Commerce an exclusive opportunity, usually for a limited period, to buy something at a future date
2. NZ short for local option

Option

 

in international law, the choice of citizenship extended to persons having citizenship of two or more states. The implementation of the option is based on an agreement between the interested states or on legislation by the states. The option arises most often in the cession of territory, when special accords grant citizens of the contracting states the right of option. Children, as a rule, follow their parents’ option of citizenship.

An example of option connected with territorial changes after World War II is the 1947 peace treaty with Italy, which granted for one year the right of option of citizenship to citizens who until 1946 had been permanent residents of territories ceded at that time to other states.

After the October Revolution of 1917, the Soviet state concluded an agreement on option with the states that had emerged from the former Russian Empire, for example, with Finland. The USSR signed a number of option agreements after World War II. An example is the Protocol on Option in the 1945 Soviet-Czechoslovak treaty on the Transcarpathian Ukraine. The protocol provided that persons of Ukrainian or Russian nationality who resided in regions of Slovakia in Czechoslovakia and persons of Slovak or Czech nationalities who resided in the Transcarpathian Ukraine could choose either Soviet or Czechoslovak citizenship.

Option of citizenship was also provided for in the conventions on dual citizenship the USSR concluded with a number of socialist states between 1956 and 1966.

option

An agreement between an owner and prospective user of a property which, for a specified sum, grants the latter the right to buy or rent the property within a specified period of time.

option

References in periodicals archive ?
The internal audit should go back at least 10 years, because many of the option grants currently under investigation took place before the Sarbanes-Oxley Act began requiring publicly traded companies to file Form 4 reports, pursuant to Section 16 of the Securities Exchange Act of 1934, within two days following the date on which the options were granted.
If a disqualifying disposition occurs, the option holder has to include compensation income in gross income for the year.
The fair value of an option is $15, resulting in a compensation deduction of $15,000 ($15 x 1,000 options).
If, for example, an individual holds an option to purchase stock, then the holder controls that stock without having to pay cash to buy it.
The option out of the Split-T was a complement of the dive by one or the other halfbacks.
Options thinking explicitly considers the benefits of delaying a decision or financial commitment in an uncertain environment.
Given their relative valuations, an employee may receive only one share of restricted stock for every three or four options.
Morgan May 140 call example, you might have a sizable $60 (20%) trading profit on the option but have most of the gain wiped out--if your broker charges a $25 minimum commission--on the buy and the sell side.
The limitation does not apply, however, to the grant of an option if the exercise price is at least 110 percent of fair market value of the shares (as determined at the time of grant) and if the option ceases to be exercisable on or before the fifth anniversary of the date of grant.
FLEX Options will offer substantially greater flexibility than currently listed options.
Because the arrangement was an option in form and substance, Freddie Mac had properly deferred including the commitment fees in gross income until the date the options were exercised or lapsed; see Old Harbor Native Corp.