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TeachMeFinance.com - explain Option value Option value The term 'Option value' as it applies to the area of reclamation can be defined as ' Value associated with people who know they can visit an area in the future if they so desire. Also a reversible decision or an option to develop at some time in the future have option value'. Previous 5 Terms: Optical Transient Detector (OTD) optics optimate Optimum moisture content, or Optimum water content Option premium, futures Next 5 Terms: Option writer, futures Optional delivery commitment Optional flex acreage Optional Supplemental Benefits Options contract About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.