Pitch Dictionary by pitch.dog
Options, shopping & attachments · Core

Option fee

ELI5

Payment for holding the option during a defined period.

Used in conversation

“We need to agree option fee before anyone commits the cost.”

Pitch context

You may encounter “Option fee” in rights, contracts, finance, distribution & labour conversations or materials.

Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Sources & evidence · 8

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.