optionality — English Dictionary

Noun

1. The value of additional optional investment opportunities available only after having made an initial investment.

   Usage

   • Countable
   • Uncountable

   Examples

   The short-term payoff for this is modest, but the optionality value is enormous.

2. Quality or state in which choice or discretion is allowed.

   Usage

   • Countable
   • Uncountable

   Examples

   Some offices do not follow the corporate procedure, due to a culture of optionality.

Noun

1. Quality or state in which choice or discretion is allowed.

   Synonyms

   electiveness

   Broader terms

   exemptionfreedom

   Examples

   The usual optionality of these tasks entails the risk of students not fulfilling them in an effective way.