noun, plural mon⋅eys, mon⋅ies, adjective | 1. | any circulating medium of exchange, including coins, paper money, and demand deposits. |
| 2. | paper money. |
| 3. | gold, silver, or other metal in pieces of convenient form stamped by public authority and issued as a medium of exchange and measure of value. |
| 4. | any article or substance used as a medium of exchange, measure of wealth, or means of payment, as checks on demand deposit or cowrie. |
| 5. | a particular form or denomination of currency. |
| 6. | money of account. |
| 7. | capital to be borrowed, loaned, or invested: mortgage money. |
| 8. | an amount or sum of money: Did you bring some money? |
| 9. | wealth considered in terms of money: She was brought up with money. |
| 10. | moneys or monies, Chiefly Law. pecuniary sums. |
| 11. | property considered with reference to its pecuniary value. |
| 12. | pecuniary profit: not for love or money. |
| 13. | of or pertaining to money. |
| 14. | used for carrying, keeping, or handling money: Have you seen my little money purse? |
| 15. | of or pertaining to capital or finance: the money business. |
| 16. | for one's money, Informal. with respect to one's opinion, choice, or wish: For my money, there's nothing to be gained by waiting. |
| 17. | in the money, Informal.
|
| 18. | make money, to make a profit or become rich: You'll never make money as a poet. |
| 19. | on the money, Informal.
|
| 20. | put one's money where one's mouth is, Informal. to prove the truth of one's words by actions or other evidence; demonstrate one's sincerity or integrity: Instead of bragging about your beautiful house, put your money where your mouth is and invite us over to see it. |
"I am not interested in money but in the things of which money is the symbol." [Henry Ford]
In The Money
1. For a call option, when the option's strike price is below the market price of the underlying asset.
2. For a put option, when the strike price is above the market price of the underlying asset.
Investopedia Commentary
In other words, this is when your stock option is worth money and you can turn around and sell or exercise it for a profit.
Related Links
Trading The QQQQ With In-The-Money Put Spreads
Options Basics Tutorial
Alternatives to Closing Below Intrinsic Value
See also: At The Money, Call Option, Deep In The Money, Exercise, Intrinsic Value, Option, Out Of The Money, Put Option, Strike Price
Also spelled: In-the-money, inthemoney
money
in the money
Also, in the chips. Rich, affluent. For example, When he's in the money, he's extremely generous to his friends, or After that box-office bonanza, she's in the chips. The chips in the variant presumably allude to poker chips. [Colloquial; late 1800s]
Placing first, second or third in a contest on which a bet has been placed, especially a horse race. For example, My luck held today, and I ended up in the money. [c. 1900]