On the money


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On the money

Used in the context of general equities. In-line, or at the same price, as the last sale.

On the Money

In equities, a term describing an ask price equal to the price of the previous sale of a security. For example, if one buys a security at $35 per share, and re-sells it at the same price, such a sale is considered to be "on the money." Obviously, no profit or loss results from on the money sales.