in the money
The phrase "in the money" is used in various contexts including finance, competitions, and informal speech, each indicating a favorable or profitable situation.
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Definition
C1Finance
(technical, options trading)Describes an option with a strike price that allows for a profitable exercise.
Example
- The call option is in the money since the stock price has risen above the strike price.
B2Informal
(idiom)Having a significant amount of money or being in a profitable situation.
Example
- After landing that big contract, he's really in the money now.
B2Sports
(horse racing, competitions)Finishing in one of the top positions that qualify for a monetary prize.
Example
- The horse finished in the money, securing third place and a share of the prize.
Similar
Terms that have similar or relatively close meanings to "in the money":
out of the moneyin the blackcash inbig moneyplace moneyin playrolling in itcash moneysmart moneyin the holein itin contentionrolling in doughcash on the lineplay moneyeasy moneycash in hand