option

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Related to options: Derivatives

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 ?
As many option holders often exercise an option and sell the stock for cash the same day, disqualifying dispositions are very common.
123(R) requires companies to use deferred tax accounting for employee stock options.
However, usually there is no market price for employee options, so issuers calculate fair value using option-pricing models.
Such examples as documentation and traceability systems in the production and distribution industry, or data sets that allow data mining and use of techniques such as statistical process control to understand determinants of performance and implement continuous process improvement systems, are examples where the current benefits may be limited, but the future opportunities created are substantial and can only be assessed with an options framework.
The tactics used by the drop option key will usually dictate the reactions of the QB to the perimeter.
Marty Kearney, senior staff instructor at the Options Institute, the educational arm of the CBOE, notes there are options on about 2,500 stocks, among them AT&T (NYSE: T) and Microsoft (Nasdaq: MSFT).
Perhaps the most confusing ISO restriction is the limitation, applied on an annual basis, on the number of shares that may be purchased by an employee under options that first become exercisable in a particular year.
CBOE, regulated by the Securities and Exchange Commission, is the pioneer of listed options and the world's largest options marketplace.
Option Center includes content provided courtesy of Daily Graphs, Inc.
Cook calculations indicate that only a 6 percent annualized rate of return is required before stock options overtake restricted stock in terms of wealth creation.
In this case, the taxpayer treated loan purchase commitment fees it received as option premiums; see Federal Home Loan Mortgage Corp.