"To purchase the option" means to buy the right, but not the obligation, to do something in the future at an agreed-upon price. It gives you the choice to proceed with the transaction or not. Full definition
Let our expert sales department tell you about the available lease deal and other purchase options for this beauty. (mikewardmaserati.com)
Libraries benefit from a full range of purchasing options, from single - title acquisitions to genre - specific subject collections. (ingramcontent.com)
Instead, the life insurance company purchases options on the market index. (insuranceandestates.com)