optionality

Plural: optionalities

Noun

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

Examples

• Some offices do not follow the corporate procedure, due to a culture of optionality.
• The short-term payoff for this is modest, but the optionality value is enormous.

Related Words

call, option, optional, put