the.com/option
The right to decide later, priced like everything else in life — not free.
means A choice you can make — or more precisely, the right to make a choice, which someone usually has to pay for.
from From Latin 'optio' meaning 'choosing' or 'free choice,' itself from the verb 'optare,' 'to choose' or 'to wish for' — the same root that gives us 'opt' and 'adopt.' The word moved through French into English around the late 1500s meaning simply the power of choosing, but it took on its modern financial edge later, when traders began using it for a contract that sells not the thing itself, but the right to decide about the thing — turning 'choice' into something with a price tag.
- origin
- Latin optio, a soldier's privilege to choose
- finance
- gives right, not obligation, to buy or sell
- time value
- loses worth every single day, ticking clock included
- life hack
- keeping options open quietly costs you something too