Option To Purchase

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
OTP
Pronunciation
/ˈɔpʃən tɪ ˈpərʧəs/
Category
Community
Related Field
Housing & Amenities

Examples in Context

  1. After Firefly identifies an item, it presents you with the option to purchase it directly from Amazon.
  2. Call option : Option to purchase designated securities at a predetermined price within a specified time limit.
  3. Most courses have the option to purchase a statement of participation to demonstrate that you have completed required elements and taken the tests.
  4. Option to purchase ordinary share or bond of a particular company, usually purchased by bondholder wanting to participate in profit growth of that company.
  5. Underwriters also have a30-day option to purchase up to1.18 million more shares to cover over-allotments.

Other meanings of OTP

One Time Password Computing
Out of Toilet Paper Community
Out To Practice Sports
Over-Temperature Protection Computing
One Tree Point Academic
Office of Telecommunications Policy Gov
Operational Test Procedure Gov
Operations Test Plan Gov
Opioid Treatment Program Medical
Offer To Purchase Business