noun
- Plural of optionee; persons who hold or are granted an option, especially the right to buy or sell something at a fixed price within a specified time.
Usage: Chiefly used in legal, financial, and business contexts.; Often refers to employees granted stock options or parties in contracts with option rights.
Examples
- The company granted stock options to all optionees in the executive compensation plan.
- Optionees must exercise their rights before the expiration date specified in the contract.
- The agreement outlined the responsibilities and benefits available to optionees.
- Several optionees decided to exercise their options when the stock price rose significantly.
- The terms of the lease protected the optionees' right to purchase the property at a predetermined price.