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optionality

The English word “optionality” has 2 meanings listed here.

noun

  1. The value of additional optional investment opportunities available only after having made an initial investment.
  2. Quality or state in which choice or discretion is allowed.

Etymology

From optional + -ity.

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Definitions are from Wiktionary, extracted by Kaikki.org, and are available under the CC BY-SA 4.0 licence.