optioning

/AA1 P SH AH0 N IH0 NG/
verb
  1. 1

    To purchase an option on something.

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

  2. 2

    To configure, by setting an option.

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Source: https://en.wiktionary.org/wiki/option, https://en.wiktionary.org/wiki/optioning

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