OS X Terminal: Meta key + alt functionality at the same time

Question

Is there a way to use an alt / option key as a meta key but still be able to use it to make some characters which need it?

For example, in my l

Answer 1

with iTerm2 you can map the left option key to ESC/meta and leave the mapping of the right option key to "normal". This way you can use the right option key to type accents etc.