- The preferential right of a lessee to a new lease to run after the expiration of the existing lease under which he holds. Landowners Co. v Pendry, 151 Kan 674, 100 P2d 632, 127 ALR 890.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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first option — /fɜ:st opʃən/ noun allowing someone to be the first to have the possibility of deciding something … Dictionary of banking and finance
option — 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… … Law dictionary
Option style — In finance, the style or family of an option is a general term denoting the class into which the option falls, usually defined by the dates on which the option may be exercised. The vast majority of options are either European or American (style) … Wikipedia
option — op|tion W2S1 [ˈɔpʃən US ˈa:p ] n ▬▬▬▬▬▬▬ 1¦(choice)¦ 2 keep/leave your options open 3¦(computers)¦ 4 easy option 5¦(right to buy/sell)¦ 6¦(at school/university)¦ 7¦(something additional)¦ 8 first option ▬▬▬▬▬▬▬ [Date: 1500 1600; : French; … Dictionary of contemporary English
Option (finance) — Stock option redirects here. For the employee incentive, see Employee stock option. Financial markets Public market Exchange Securities Bond market Fixed income … Wikipedia
option — noun 1 freedom to choose VERB + OPTION ▪ have ▪ You have the option of working full time or part time. ▪ give sb PREPOSITION ▪ with the option … Collocations dictionary
option — n. 1) to exercise an option 2) an exclusive; first option 3) a local option (of a political subdivision) 4) a stock option 5) an option on 6) an option to + inf. (they had an option to buy the team) 7) (misc.) to have no option but to... * * * [… … Combinatory dictionary
option — noun 1 A CHOICE (C) a choice you can make in a particular situation: As I see it, we have two options either we sell the house or we rent it out. | I usually choose the vegetarian option in restaurants. | the option of doing sth: I always had the … Longman dictionary of contemporary English
option — / ɒpʃən/ noun the opportunity to buy or sell something within a fixed period of time at a fixed price ♦ to have first option on something to have the right to be the first to have the possibility of deciding something ♦ to grant someone a six… … Marketing dictionary in english
Option (filmmaking) — Optioned redirects here. For uses of this term outside the film industry, see Option (disambiguation). In the film industry, an option is a contractual agreement between a potential film producer, such as a movie studio, a production company or… … Wikipedia