optioned

Secured adaptation rights

Optioned is the past tense of option, meaning to acquire or grant an option on something—typically exclusive rights to buy, sell, or use it within a specified period.

The word appears most often in entertainment contexts: The studio optioned her novel for a possible film adaptation.

A property that has been optioned is under contract but not yet purchased outright.

negotiation

contract

Enforceable written agreement

  • dealAgreement or distribution
  • agreementShared position between parties
  • termsConditions of an agreement

rights · bargaining · proposal · offer · counteroffer · exclusive · bidding · leverage · stipulation · clause

film

screenplay

Film's written blueprint

studio · development · greenlight · rights · pre-production · director · casting · filmography · blockbuster · franchise

publishing

manuscript

Original text before publication

advance · publisher · editor · agent · literary · novel · book · renewal · print · serialization

acquisition

purchase

Goods obtained for payment

stake · transfer · title · vesting · holdings · transaction · buyout · proprietary · equity · shares

licensing

royalties

Ongoing payments to creators

copyright · sublicense · permit · concession · authorization · exploitation · distribution · merchandising · proprietary · exclusive

potential

prospect

Potential client or opportunity

undeveloped · reserved · contingent · speculative · pending · tentative · conditional · provisional · future · pipeline

Opposites
acquisition status

optionedbought

Obtained through payment

acquired · finalized · owned · closed · passed on

PLAYER MOVEMENT (baseball)

optionedcalled up

Contacted by phone

recalled · promoted · brought up · activated · rostered

availability status

optionedavailable

Ready to be used

free · unencumbered · on the market · uncommitted · open

Phrases
Family

option, options, optional, optioning, optionality, co-option, nonoptional

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G