Option vs. Requirement
Optionnoun
One of a set of choices that can be made.
Optionnoun
The freedom or right to choose.
Optionnoun
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.
Optionnoun
(graphical user interface) A button on a screen used to select an action (often "menu option").
Optionverb
To purchase an option on something.
Optionverb
To configure, by setting an option.
Optionnoun
The power of choosing; the right of choice or election; an alternative.
Optionnoun
The exercise of the power of choice; choice.
Optionnoun
A wishing; a wish.
Optionnoun
A right formerly belonging to an archbishop to select any one dignity or benefice in the gift of a suffragan bishop consecrated or confirmed by him, for bestowal by himself when next vacant; - annulled by Parliament in 1845.
Optionnoun
A stipulated privilege, given to a party in a time contract, of demanding its fulfillment on any day within a specified limit; also, the contract giving that privelege; as, an option to buy a stock at a given price; to exercise an option.
Optionnoun
the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
Optionnoun
one of a number of things from which only one can be chosen;
Optionnoun
the act of choosing or selecting;
Optionnoun
a thing that is or may be chosen
Optionnoun
the freedom or right to choose something
Optionnoun
a right to buy or sell a particular thing at a specified price within a set time
Optionverb
buy or sell an option on
Requirementnoun
A necessity or prerequisite; something required or obligatory. Its adpositions are generally of in relation to who or what has given it, on in relation to whom or what it is given to, and for in relation to what is required.
Requirementnoun
Something asked.
Requirementnoun
(engineering) A statement (in domain specific terms) which specifies a verifiable constraint on an implementation that it shall undeniably meet or (a) be deemed unacceptable, or (b) result in implementation failure, or (c)'' result in system failure.
Requirementnoun
The act of requiring; demand; requisition.
Requirementnoun
That which is required; an imperative or authoritative command; an essential condition; something needed or necessary; a need.
Requirementnoun
required activity;
Requirementnoun
anything indispensable;
Requirementnoun
something that is required in advance;
Requirementnoun
a thing that is needed or wanted
Requirementnoun
a thing that is compulsory; a necessary condition
Requirement
In product development and process optimization, a requirement is a singular documented physical or functional need that a particular design, product or process aims to satisfy. It is commonly used in a formal sense in engineering design, including for example in systems engineering, software engineering, or enterprise engineering.
