Option To Buy

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
OTB
Pronunciation
/ˈɔpʃən tɪ baɪ/
Category
Community
Related Field
Housing & Amenities

Examples in Context

  1. If one partner dies, the others have the option to buy back their shares.
  2. Both resorted to higher public spending and debt as an easy option to buy off bolshy voters.
  3. Eligible prospective tenants, including Waiting List applicants, will soon be offered an option to buy their housing units instead of renting them.
  4. He agreed to provide a $ 1.4m loan, the terms of which included an option to buy the new company for $ 3m, which he soon invoked.
  5. Specifically, the RPV of a development effort is calculated as a call option to buy the benefits of the completed project.

Other meanings of OTB