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Meaning of out of the money | Babel Free

Noun CEFR C2

Definitions

  1. Of an option, yielding a loss if exercised.
  2. 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.

See also

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