OPTIONED Meaning and
Definition
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Optioned is the past tense and past participle form of the verb "option," which has a specific meaning in different contexts.
In general, "option" refers to the act of choosing or selecting between different alternatives or possibilities. When used in the context of finance or business, it specifically refers to a contract granting a person or entity the right, but not the obligation, to buy or sell a specified asset or security at a predetermined price within a specified time period. This contractual agreement is referred to as an option.
Therefore, when something is "optioned," it means that the choice or right to buy or sell a particular asset or security has been exercised or granted to someone. For example, in the entertainment industry, when a book, play, or any intellectual property is optioned, it means that someone has acquired the exclusive right to buy the rights to adapt that material into a film, TV show, or other media format.
The term "optioned" can also be used in a more general sense to indicate the act of selecting or choosing an alternative from a range of possibilities. For instance, when talking about a menu, it means that a particular dish or item has been chosen or selected as an option for customers to order.
In summary, "optioned" relates to the act of exercising or granting the right to choose or select between alternatives, specifically in the context of finance, entertainment, or general decision-making processes.
Common Misspellings for OPTIONED
Etymology of OPTIONED
The word "optioned" is derived from the noun "option", which originated from the Latin word "optio". In Latin, "optio" referred to the act of choosing or selecting. Over time, this term made its way into English, evolving into the noun "option". The verb form "to option" emerged from the noun, meaning to choose, select, or take up an option. "Optioned" is the past tense and past participle form of this verb.
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