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reserve option
[rɪˈzɜːrv ˈɒpʃən]
noun
pl: reserve options
opção de reserva
1.
A backup or alternative choice available for use when the primary option is not available or suitable
If the first hotel is fully booked, we have a reserve option at another location.
Se o primeiro hotel estiver completamente lotado, temos uma opção de reserva em outro local.
2.
In finance and contracts, a clause or right that allows one party to maintain a secondary choice or fallback position
The investor kept a reserve option to purchase additional shares if the price dropped.
O investidor manteve uma opção de reserva para comprar ações adicionais se o preço caísse.
Synonyms
backup option
alternative option
fallback choice
secondary option
Antonyms
primary option
first choice
Regional Variations
General Brazilian
opção de reserva
Standard usage in business and contracts
São Paulo
opção alternativa
Often used interchangeably in business context
Portugal
opção de recurso
Preferred in formal legal documentation
Related Idioms & Phrases
have something up your sleeve
keep something in reserve
have a backup plan
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