in the money

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Prepositional phrase[edit]

in the money

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