English

Prepositional phrase

in the money

1. (idiomatic) Possessing money; rich.
   • 1933: We're In The Money — song title, lyrics Al Dubin, music Harry Warren

     We're in the money. We're in the money. / We've got a lot of what it takes to get along.

2. (finance) 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.

Related terms

• at the money
• out of the money
• on the money