← Back to search

Meaning of in the money | Babel Free

Noun CEFR C1

Definitions

Possessing money; rich.
idiomatic
For an option, having a strike price which makes it profitable to exercise. For a call this is a strike below the market price, or for a put a strike above the market price.
Achieving a sufficiently high ranking in a contest to earn money (for oneself, or for those who have placed a bet).

Examples

“1933: We're In The Money — song title, lyrics Al Dubin, music Harry Warren https://web.archive.org/web/20101126014740/http://harrywarren.org/songs/0140.htm We're in the money. We're in the money. / We've got a lot of what it takes to get along.”

“The cash prizes for first, second and third place were too enticing to pass up. If he finished in the money he could just hang out for the next year and concentrate on his new life as Timothy Gales.”

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

in the mood in the name of in the name of all that is holy in the name of heaven in the name of the law in the nature of things