taken an option on

idiom

: to obtain the right to buy (something) at a particular price
The company has taken an option on some land nearby.

Dictionary Entries Near taken an option on

Cite this Entry

“Taken an option on.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/taken%20an%20option%20on. Accessed 23 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!