Literary Contract Provision Crossword Clue Answer

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OPTION

Definition 1:
The opportunity or ability to choose something or to choose between two or more things .

Examples:
You have the option of staying home or coming with us.
He has the option to cancel the deal.
Given the option [=choice], I’d rather stay home tonight.
I’ll probably take the job, but I’m leaving/keeping my options open [=waiting to decide; not making a final decision yet] for now.
Definition 2:
Something that can be chosen :a choice or possibility .

Examples:
For us, quitting is not an option. [=we cannot quit]
You must accept the contract. There are no other options. [=alternatives]
We have a wide range of options available to us.
Menu options at the café include soups, salads, and sandwiches.
Select an option from the drop-down menu.
Filing taxes online is an option for people with Internet access.
I had no option but to start over.
A good/better option is to do the work yourself.
The scandal left him no option but to resign. [=forced him to resign]
Definition 3:
A right to buy or sell something for a specified price during a specified period of time see also stock option.

Examples:
Employees will each be granted/given options to buy 1,000 shares of company stock.
The option must be exercised within five years.
The company has taken an option on some land nearby. [=it has obtained the right to buy the land at a particular price]
The ad is for a condo to rent with an option to buy. [=a condo that you can choose to eventually buy for a specified price]
Definition 4:
An extra part or feature that you can pay to have in addition to the regular features that come with something you are buying .

Examples:
A sunroof was one of the options that you could get with the car.
Definition 5:
A class that is not required in a particular course of study :elective .

Examples:
I took an option in history last year.

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