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 ?
If an employee leaves the company after options vest but does not exercise them, the company cancels the options.
It will readily discern whether you will face an option, power, Wing T, or pro style offense.
For example, Entity X awards Jones 1,000 options Jan.
AN EXPENSE INDEED In their Harvard Business Review article "For the Last Time: Stock Options Are an Expense," economists and financial experts Zvi Bordie, Robert Kaplan, and Robert Merton used a hypothetical example to illustrate how employee stock options, if not expensed, could distort the granting company's financial appearance.
Options thinking explicitly considers the benefits of delaying a decision or financial commitment in an uncertain environment.
Peck: JCAHO launched its new LTC accreditation option earlier this year.
Given their relative valuations, an employee may receive only one share of restricted stock for every three or four options. The upside payoff is only one-third to one-half that of options.
The fundamental accounting question surrounding stock options is whether they should be treated as equity instruments and therefore have no impact on the income statement, or if they should be accounted for as compensation costs charged against profits in periods when incurred.
Misconception 6: High schools should focus on academic preparation, instead of warning students about their college prospects or providing other career options. Since students' college plans are often inconsistent with their preparation, either their plans must be reduced or their preparation increased.
With the advent of noncash rewards such as stock options in compensation plans, employees need option-pricing models in order to estimate a significant part of their total compensation.
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.
M2 EQUITYBITES-December 3, 2018-eQ reports on subscriptions under option programme