This tool relates English terms to concepts from the
SUMO
ontology by means of mappings to
WordNet synsets.
According to WordNet, the noun "option" has 3 sense(s).
113241600 the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited.
105790944 one of a number of things from which only one can be chosen; "what option did I have?"; "there no other alternative"; "my only choice is to refuse".