: a settlement option in which the insurer retains the policy proceeds and makes periodic payments for the beneficiary's life or for a specified number of years even after the beneficiary's death with …

Dec 30, 2025 · An option is a type of financial instrument that's tied to an underlying security. Options give their buyers the right, but not the obligation, to purchase or sell the asset at a specified...

OPTION definition: the power or right of choosing. See examples of option used in a sentence.

In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or …

Sep 30, 2024 · An option is a legal contract that gives you the right to buy or sell an asset (think: a stock or ETF) at a specific price by a specific time. They are known in the financial world as "derivatives."

OPTION meaning: 1. one thing that can be chosen from a set of possibilities, or the freedom to make a choice: 2…. Learn more.

Aug 21, 2024 · An option is a contract which gives the holder the right to buy or sell an asset at a set price within a specific timeframe.