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.
References in periodicals archive ?
Four months later, they were Mercury Prize winners - showing just how on-the-money the Scots award is.
If the opposition puts a smart passing move together or comes up with an on-the-money cut-out pass to put a winger in, that's fair enough.
Judging by his attempts this week in a blog, in which he suggested that Wayne Rooney has played too much football and might be reaching his peak, Scholes (above) may be just as on-the-money as a pundit.
Plot, characterisation and pacing are on-the-money as Owen plays with expectations, taking the action one way, only to undercut it and take it in another direction.
Bellamy figured in a goalless stalemate at Norwich, conjured up Steven Caulker's derby winner against Swansea with an on-the-money corner and played 82 minutes of City's 2-0 defeat at Aston Villa on November 9.
There were mock reports from Channel 4 News and an on-the-money spoof Taiwanese news broadcast with a lovingly created computer-generated reconstruction.
His goal scoring record stands up and Mark has come out with some really interesting and on-the-money quotes about him finding his home here.
Sure, the likes of Adele, Florence + The Machine and Jessie J all topped such lists and went on to sell millions of albums, but for every on-the-money prophecy, there's a Little Boots (who sank almost without trace) or a Tinie Tempah; a million-album selling artist no-one saw coming.
Staying informed about the Supreme Court isn't an academic exercise: It's a smart use of your resources that will keep your advice on-the-money and your organization a step ahead.
Randolph made some terrific, on-the-money passes in last week's win at Northeastern in the rain.
Just because you could not physically attend the conference does not mean you have to resign yourself to missing out on all the data- and intelligence-rich presentations, speakers and on-the-money insight.
A little taste of heaven is certainly at hand for those lovers of softly-soothing, latenight Quiet Storm radio - folk who go all gooey at the onslaught of pulsing pianos, glossy strings, on-the-money grooves with a high-flying vocal angel.