verb
- past tense of option; to acquire or grant an option on something, especially property or rights
Usage: business; legal
Examples
- The studio optioned the novel for a potential movie adaptation.
- She optioned the land with plans to build a shopping center.
- The publisher optioned his screenplay for two years.
- They optioned the mineral rights to the property.
- The company optioned several promising patents.
- He optioned the book before it was even published.