What does "optionality" mean?

The value of additional optional investment opportunities available only after having made an initial investment.

What is a synonym for "optionality"?

Common synonyms include: alternative, discretion, electiveness, option, pleasure.

noun

noun ·Rare ·Advanced level

Noun

1
The value of additional optional investment opportunities available only after having made an initial investment. countable, uncountable
"The short-term payoff for this is modest, but the optionality value is enormous."
2
Quality or state in which choice or discretion is allowed. wordnet
3
Quality or state in which choice or discretion is allowed. countable, uncountable
"Some offices do not follow the corporate procedure, due to a culture of optionality."

"The short-term payoff for this is modest, but the optionality value is enormous."

From optional + -ity.