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.
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