Meaning of out of the money | Babel Free
Definitions
- Of an option, yielding a loss if exercised.
- Failing to achieve a sufficiently high ranking in a contest to earn money (for oneself, or for those who have placed a bet).
Examples
“It's two bucks out of the money now, but it still has three weeks until expiration.”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.