diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9a5ddac6ac20..15c3165d2a29 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -91,6 +91,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### API Breaking Changes
 
+* (container) [#12021](https://github.com/cosmos/cosmos-sdk/pull/12021) Rename `container.Option` to `container.Config`
 * (x/auth/ante) [#11985](https://github.com/cosmos/cosmos-sdk/pull/11985) The `MempoolFeeDecorator` has been removed. Instead, the `DeductFeeDecorator` takes a new argument of type `TxFeeChecker`, to define custom fee models. If `nil` is passed to this `TxFeeChecker` argument, then it will default to `checkTxFeeWithValidatorMinGasPrices`, which is the exact same behavior as the old `MempoolFeeDecorator` (i.e. checking fees against validator's own min gas price).
 * (x/auth/ante) [#11985](https://github.com/cosmos/cosmos-sdk/pull/11985) The `ExtensionOptionsDecorator` takes an argument of type `ExtensionOptionChecker`. For backwards-compatibility, you can pass `nil`, which defaults to the old behavior of rejecting all tx extensions.
 * (crypto/keyring) [#11932](https://github.com/cosmos/cosmos-sdk/pull/11932) Remove `Unsafe*` interfaces from keyring package. Please use interface casting if you wish to access those unsafe functions.
diff --git a/container/build.go b/container/build.go
index f40864ee211a..92a891a40565 100644
--- a/container/build.go
+++ b/container/build.go
@@ -1,6 +1,6 @@
 package container
 
-// Build builds the container specified by containerOption and extracts the
+// Build builds the container specified by containerConfig and extracts the
 // requested outputs from the container or returns an error. It is the single
 // entry point for building and running a dependency injection container.
 // Each of the values specified as outputs must be pointers to types that
@@ -13,19 +13,19 @@ package container
 // Build uses the debug mode provided by AutoDebug which means there will be
 // verbose debugging information if there is an error and nothing upon success.
 // Use BuildDebug to configure debug behavior.
-func Build(containerOption Option, outputs ...interface{}) error {
+func Build(containerConfig Config, outputs ...interface{}) error {
 	loc := LocationFromCaller(1)
-	return build(loc, AutoDebug(), containerOption, outputs...)
+	return build(loc, AutoDebug(), containerConfig, outputs...)
 }
 
 // BuildDebug is a version of Build which takes an optional DebugOption for
 // logging and visualization.
-func BuildDebug(debugOpt DebugOption, option Option, outputs ...interface{}) error {
+func BuildDebug(debugOpt DebugOption, config Config, outputs ...interface{}) error {
 	loc := LocationFromCaller(1)
-	return build(loc, debugOpt, option, outputs...)
+	return build(loc, debugOpt, config, outputs...)
 }
 
-func build(loc Location, debugOpt DebugOption, option Option, outputs ...interface{}) error {
+func build(loc Location, debugOpt DebugOption, config Config, outputs ...interface{}) error {
 	cfg, err := newDebugConfig()
 	if err != nil {
 		return err
@@ -38,7 +38,7 @@ func build(loc Location, debugOpt DebugOption, option Option, outputs ...interfa
 		}
 	}()
 
-	err = doBuild(cfg, loc, debugOpt, option, outputs...)
+	err = doBuild(cfg, loc, debugOpt, config, outputs...)
 	if err != nil {
 		cfg.logf("Error: %v", err)
 		if cfg.onError != nil {
@@ -59,7 +59,7 @@ func build(loc Location, debugOpt DebugOption, option Option, outputs ...interfa
 	}
 }
 
-func doBuild(cfg *debugConfig, loc Location, debugOpt DebugOption, option Option, outputs ...interface{}) error {
+func doBuild(cfg *debugConfig, loc Location, debugOpt DebugOption, config Config, outputs ...interface{}) error {
 	defer cfg.generateGraph() // always generate graph on exit
 
 	if debugOpt != nil {
@@ -72,7 +72,7 @@ func doBuild(cfg *debugConfig, loc Location, debugOpt DebugOption, option Option
 	cfg.logf("Registering providers")
 	cfg.indentLogger()
 	ctr := newContainer(cfg)
-	err := option.apply(ctr)
+	err := config.apply(ctr)
 	if err != nil {
 		cfg.logf("Failed registering providers because of: %+v", err)
 		return err
diff --git a/container/option.go b/container/config.go
similarity index 57%
rename from container/option.go
rename to container/config.go
index 156a27cd6264..9440fab3026d 100644
--- a/container/option.go
+++ b/container/config.go
@@ -6,26 +6,26 @@ import (
 	"github.com/pkg/errors"
 )
 
-// Option is a functional option for a container.
-type Option interface {
+// Config is a functional configuration of a container.
+type Config interface {
 	apply(*container) error
 }
 
-// Provide creates a container option which registers the provided dependency
+// Provide defines a container configuration which registers the provided dependency
 // injection providers. Each provider will be called at most once with the
 // exception of module-scoped providers which are called at most once per module
 // (see ModuleKey).
-func Provide(providers ...interface{}) Option {
-	return containerOption(func(ctr *container) error {
+func Provide(providers ...interface{}) Config {
+	return containerConfig(func(ctr *container) error {
 		return provide(ctr, nil, providers)
 	})
 }
 
-// ProvideInModule creates a container option which registers the provided dependency
+// ProvideInModule defines container configuration which registers the provided dependency
 // injection providers that are to be run in the named module. Each provider
 // will be called at most once.
-func ProvideInModule(moduleName string, providers ...interface{}) Option {
-	return containerOption(func(ctr *container) error {
+func ProvideInModule(moduleName string, providers ...interface{}) Config {
+	return containerConfig(func(ctr *container) error {
 		if moduleName == "" {
 			return errors.Errorf("expected non-empty module name")
 		}
@@ -48,9 +48,9 @@ func provide(ctr *container, key *moduleKey, providers []interface{}) error {
 	return nil
 }
 
-func Supply(values ...interface{}) Option {
+func Supply(values ...interface{}) Config {
 	loc := LocationFromCaller(1)
-	return containerOption(func(ctr *container) error {
+	return containerConfig(func(ctr *container) error {
 		for _, v := range values {
 			err := ctr.supply(reflect.ValueOf(v), loc)
 			if err != nil {
@@ -61,17 +61,17 @@ func Supply(values ...interface{}) Option {
 	})
 }
 
-// Error creates an option which causes the dependency injection container to
+// Error defines configuration which causes the dependency injection container to
 // fail immediately.
-func Error(err error) Option {
-	return containerOption(func(*container) error {
+func Error(err error) Config {
+	return containerConfig(func(*container) error {
 		return errors.WithStack(err)
 	})
 }
 
-// Options creates an option which bundles together other options.
-func Options(opts ...Option) Option {
-	return containerOption(func(ctr *container) error {
+// Configs defines a configuration which bundles together multiple Config definitions.
+func Configs(opts ...Config) Config {
+	return containerConfig(func(ctr *container) error {
 		for _, opt := range opts {
 			err := opt.apply(ctr)
 			if err != nil {
@@ -82,10 +82,10 @@ func Options(opts ...Option) Option {
 	})
 }
 
-type containerOption func(*container) error
+type containerConfig func(*container) error
 
-func (c containerOption) apply(ctr *container) error {
+func (c containerConfig) apply(ctr *container) error {
 	return c(ctr)
 }
 
-var _ Option = (*containerOption)(nil)
+var _ Config = (*containerConfig)(nil)
diff --git a/container/container_test.go b/container/container_test.go
index 8ead6b1caea6..19ca76a26c09 100644
--- a/container/container_test.go
+++ b/container/container_test.go
@@ -82,7 +82,7 @@ func (ModuleB) Provide(dependencies BDependencies) (BProvides, Handler, error) {
 	}, Handler{}, nil
 }
 
-var scenarioConfig = container.Options(
+var scenarioConfig = container.Configs(
 	container.Provide(ProvideMsgClientA),
 	container.ProvideInModule("runtime", ProvideKVStoreKey),
 	container.ProvideInModule("a", wrapMethod0(ModuleA{})),
@@ -170,7 +170,7 @@ func TestBadCtr(t *testing.T) {
 }
 
 func TestTrivial(t *testing.T) {
-	require.NoError(t, container.Build(container.Options()))
+	require.NoError(t, container.Build(container.Configs()))
 }
 
 func TestErrorFunc(t *testing.T) {
@@ -230,7 +230,7 @@ func TestModuleScoped(t *testing.T) {
 	var y float64
 	require.Error(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Provide(
 					func(container.ModuleKey) int { return 0 },
 					func() int { return 1 },
@@ -245,7 +245,7 @@ func TestModuleScoped(t *testing.T) {
 
 	require.Error(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Provide(
 					func() int { return 0 },
 					func(container.ModuleKey) int { return 1 },
@@ -260,7 +260,7 @@ func TestModuleScoped(t *testing.T) {
 
 	require.Error(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Provide(
 					func(container.ModuleKey) int { return 0 },
 					func(container.ModuleKey) int { return 1 },
@@ -275,7 +275,7 @@ func TestModuleScoped(t *testing.T) {
 
 	require.NoError(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Provide(
 					func(container.ModuleKey) int { return 0 },
 				),
@@ -289,7 +289,7 @@ func TestModuleScoped(t *testing.T) {
 
 	require.Error(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Provide(
 					func(container.ModuleKey) int { return 0 },
 				),
@@ -304,7 +304,7 @@ func TestModuleScoped(t *testing.T) {
 	var z float32
 	require.NoError(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Provide(
 					func(container.ModuleKey) int { return 0 },
 				),
@@ -326,7 +326,7 @@ func (OnePerModuleInt) IsOnePerModuleType() {}
 func TestOnePerModule(t *testing.T) {
 	var x OnePerModuleInt
 	require.Error(t,
-		container.Build(container.Options(), &x),
+		container.Build(container.Configs(), &x),
 		"bad input type",
 	)
 
@@ -334,7 +334,7 @@ func TestOnePerModule(t *testing.T) {
 	var z string
 	require.NoError(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.ProvideInModule("a",
 					func() OnePerModuleInt { return 3 },
 				),
@@ -394,7 +394,7 @@ func TestOnePerModule(t *testing.T) {
 
 	require.NoError(t,
 		container.Build(
-			container.Options(),
+			container.Configs(),
 			&m,
 		),
 		"no providers",
@@ -443,7 +443,7 @@ func TestManyPerContainer(t *testing.T) {
 
 	require.NoError(t,
 		container.Build(
-			container.Options(),
+			container.Configs(),
 			&xs,
 		),
 		"no providers",
@@ -462,7 +462,7 @@ func TestSupply(t *testing.T) {
 
 	require.Error(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Supply(3),
 				container.Provide(func() int { return 4 }),
 			),
@@ -473,7 +473,7 @@ func TestSupply(t *testing.T) {
 
 	require.Error(t,
 		container.Build(
-			container.Options(
+			container.Configs(
 				container.Supply(3),
 				container.Provide(func() int { return 4 }),
 			),
@@ -507,7 +507,7 @@ type TestOutput struct {
 
 func TestStructArgs(t *testing.T) {
 	var input TestInput
-	require.Error(t, container.Build(container.Options(), &input))
+	require.Error(t, container.Build(container.Configs(), &input))
 
 	require.NoError(t, container.Build(
 		container.Supply(1.3),
@@ -569,7 +569,7 @@ func TestDebugOptions(t *testing.T) {
 			container.FileVisualizer(graphfile.Name()),
 			container.StdoutLogger(),
 		),
-		container.Options(),
+		container.Configs(),
 	))
 
 	require.Contains(t, logOut, "digraph")
@@ -594,7 +594,7 @@ func TestGraphAndLogOutput(t *testing.T) {
 	require.NoError(t, container.BuildDebug(debugOpts, scenarioConfig, &b))
 	golden.Assert(t, graphOut, "example.dot")
 
-	badConfig := container.Options(
+	badConfig := container.Configs(
 		container.ProvideInModule("runtime", ProvideKVStoreKey),
 		container.ProvideInModule("a", wrapMethod0(ModuleA{})),
 		container.ProvideInModule("b", wrapMethod0(ModuleB{})),
@@ -617,7 +617,7 @@ func TestConditionalDebugging(t *testing.T) {
 	var input TestInput
 	require.Error(t, container.BuildDebug(
 		conditionalDebugOpt,
-		container.Options(),
+		container.Configs(),
 		&input,
 	))
 	require.Contains(t, logs, `Initializing logger`)
@@ -629,7 +629,7 @@ func TestConditionalDebugging(t *testing.T) {
 	success = false
 	require.NoError(t, container.BuildDebug(
 		conditionalDebugOpt,
-		container.Options(),
+		container.Configs(),
 	))
 	require.Empty(t, logs)
 	require.True(t, success)