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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.

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.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.

option

This article is provided by FOLDOC - Free Online Dictionary of Computing (foldoc.org)
References in periodicals archive ?
When a call option's strike price is well above the share price of a stock, the contract is said to be "out-of-the-money." Retirees who are looking for a low-risk source of income should consider selling deep out-of-the-money call options that have very little chance of being executed.
On 25 October 2018, eQ's board of directors decided on a new option programme with a subscription price for key employees of the eQ group.
An investor sells a naked call option with a strike price of PS90.
EXHIBIT 2 Summary of High-Profile Stock Option Exchanges/Repricings Company Date of Incremental Stock Price Year Repricing/Exchange Compensation before Repricing Charges Cardinal Health June 23, 2009 Not Material $30.47 Domino's Pizza April 28, 2009 $1,300,000 $12.69 Ebay August 10, 2009 Not Material $26.36 Electronic Arts October 21, 2009 $70,000,000 $28.18 Google January 22, 2009 $460,000,000 $584.35 Intel September 28, 2009 Not Material $18.41 Motorola May 14, 2009 Not Material $9.67 Starbucks March 18, 2009 Not Material $18.24 Company Stock Price Type of Program Executive or at Repricing Board Participation Allowed?
OUT OF THE MONEY (OTM) OPTION: An OTM call option is one where the strike price is more than the spot price.
Top Image Systems Ltd (TIS) (Nasdaq:TISA) (TASE:TISA), a supplier of document recognition software, has announced that its Board of Directors has approved the repricing of its outstanding stock options, as a means of rewarding and motivating its workforce.
Example 2--Call option issued in connection with performance of services: E is a bona fide employee of S Corp.
Typical controls over stock option compensation are mostly manual because the process involves heterogeneous systems and multiple sources of information.
1) is a simple double option, often called the Speed Option.
Many nonqualified options expire unexercised, usually because the options are "underwater" (meaning the option price is higher than the stock's current market price).
Under FAS 123(R), the fair value of a stock option is based on observable market prices, if they exist.
Should the implicit premium proceeds from granting employee stock options be accounted as option holders' equity or as income to the granting firm?