The term 'EDIT MENU OPTION' refers to a set of commands that can be used to edit text or other documents. These commands include UNDO, which allows the user to UNDO their last action; FIND, which allows the user to search for specific words or phrases; and REDO, which allows the user to REDO an action that was previously undone. Together, these commands provide users with a powerful set of tools to edit their documents.