option to purchase
1option to purchase — UK US noun [C] FINANCE, STOCK MARKET, COMMERCE, PROPERTY ► OPTION TO BUY(Cf. ↑option to buy) …
2option to purchase — A contract by which the owner of property agrees with another person that the latter shall have a right to buy the property at a fixed price within a certain time. 17 Am J2d Contr § 32; 46 Am J1st Sales § 56. The familiar provision in a lease,… …
3Option forward purchase — The purchase of a foreign currency for delivery between two future specified dates at a specified price …
4option to purchase — /ˌɒpʃən tə pɜ:tʃɪs/ noun an option which gives someone the possibility to buy something within a period of time …
5option to purchase real property — A contract by which an owner of real estate agrees with another person that the latter shall have the privilege of buying the property at a specified price within a specified time, or within a reasonable time in the future, and imposes no… …
6option to purchase — 1) A right given to shareholders to buy shares in certain companies in certain circumstances at a reduced price. 2) A right purchased or given to a person to buy something at a specified price on or before a specified date. Until the specified… …
7option — op·tion 1 / äp shən/ n 1: the power or right to choose; also: a choice made or available 2: a privilege of demanding fulfillment of a contract on any day within a specified time 3: a contract conveying in exchange for the payment of a premium a… …
8option to buy — UK US noun [C] (also option to purchase) ► FINANCE, STOCK MARKET an agreement that gives an investor the right to buy a particular number of shares, or other financial assets, at a fixed price and before a fixed date: »The option to buy expired… …
9lease with option to purchase — A lease under which the lessee has the right to purchase the property. The price and terms of the purchase must be set forth for the option to be valid. The option may run for the length of the lease period …
10lease with option to purchase — A lease under which the lessee has the right to purchase the property. The price and terms of the purchase must be set forth for the option to be valid. The option may run for the length of the lease period …
