IPA: /ˌɒpʃəˈnælɪti/
KK: /ɑpˈʃənlɪti/
The quality or state of having choices or options available.
The optionality of the investment allowed her to choose different paths for her money.
Optionality → It is formed from "optio" (from Latin, meaning choice or selection) and the suffix "-ality" (meaning the state or condition of). The word "optionality" refers to the state of having choices or the condition of being optional.
Think of 'optio' meaning choice, and remember that 'optionality' refers to the state of having choices.