from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A right to buy or sell specific securities or commodities at a stated price within a specified time.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price
  • noun the right to buy or sell a stock at a specified price within a stated period


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