an option to buy assets at an agreed price on or before a particular date
an option to sell assets at an agreed price on or before a particular date
a disarmament proposal for the total removal of certain types of weapons on both sides
a choice available to a local administration to accept or reject national legislation (e.g. concerning the sale of alcoholic drink)
a benefit in the form of an option given by a company to an employee to buy a share in the company at a discount or at a stated fixed price
an option on a stock exchange or futures exchange which can itself be bought and sold
the most drastic or extreme response possible to a particular situation