Versatility vs Optionality - What's the difference?
versatility | optionality |
The property of being versatile or having many different abilities; flexibility.
* 1749, Philip Dormer Stanhope, Earl of Chesterfield, Letters to His Son 1749
(finance, business) The value of additional optional investment opportunities available only after having made an initial investment.
Quality or state in which choice or discretion is allowed.
As nouns the difference between versatility and optionality
is that versatility is the property of being versatile or having many different abilities; flexibility while optionality is the value of additional optional investment opportunities available only after having made an initial investment.versatility
English
Noun
(en-noun)- Those are the sort of women who polish a young man the most, and who give him that habit of complaisance, and that flexibility and versatility of manners which prove of great use to him with men, and in the course of business.
optionality
English
Noun
(optionalities)- The short-term payoff for this is modest, but the optionality value is enormous.
- Some offices do not follow the corporate procedure, due to a culture of optionality .