The difference between Option and Possibility

When used as nouns, option means one of a set of choices that can be made, whereas possibility means the quality of being possible.


Option is also verb with the meaning: to purchase an option on something.

check bellow for the other definitions of Option and Possibility

  1. Option as a noun:

    One of a set of choices that can be made.

  2. Option as a noun:

    The freedom or right to choose.

  3. Option as a noun (finance, legal):

    A contract giving the holder the right to buy or sell an asset at a set strike price; can apply to financial market transactions, or to ordinary transactions for tangible assets such as a residence or automobile.

  1. Option as a verb:

    To purchase an option on something.

    Examples:

    "The new novel was optioned by the film studio, but they'll probably never decide to make a movie from it."

  2. Option as a verb (computing, dated):

    To configure, by setting an option.

  1. Possibility as a noun:

    The quality of being possible.

  2. Possibility as a noun:

    A thing possible; that which may take place or come into being.

  3. Possibility as a noun:

    An option or choice, usually used in context with future events.