in-the-money option Meaning in the Cambridge English Dictionary
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Meaning of “in-the-money option” in the English Dictionary

"in-the-money option" in Business English

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in-the-money optionnoun [C]

uk   us   STOCK MARKET
an option (= ​right to ​buy or ​sellshares, etc.) which has ​value because ​shares, etc. can be ​bought for less than their ​presentprice, or ​sold for more than their ​presentprice at the ​time the ​option is used
(Definition of in-the-money option from the Cambridge Business English Dictionary © Cambridge University Press)
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