One of a set of choices that can be made.
A contract giving the holder the right to buy or sell an asset at a set strike price; can apply to financial market transactions, or to ordinary transactions for tangible assets such as a residence or automobile.
The freedom or right to choose.
The acquiring or retention of a nationality through personal choice as a right, bypassing selective legal mechanisms for naturalization, especially in cases where a territory is transferred or passed on from one state to another.
To purchase an option on something.
The option to so select, and the one selected.
The selection of one thing or person over others (with the main adposition being "for" in relation to the thing or person, but possibly also "of")
The state of being preferred over others.
Preferans, a card game, principally played in Eastern Europe.
A strong liking or personal valuation.
A preferential bias; partiality; discrimination.
To give preferential treatment to; to give a preference to.