1. a person who is granted or holds an option, especially the right to buy or sell something at a specified price within a set time
Usage: legal/business term; often used in real estate, finance, and employment contexts

Examples

• The optionee has the right to purchase the property at the agreed price before the deadline.
• As an optionee under the stock option plan, she can buy shares at a discount.
• The contract specifies that the optionee must exercise the option within 90 days.
• The optionee decided not to renew the lease and forfeited the option fee.
• In this transaction, the buyer is the optionee and the seller is the optionor.