in the money

1. Also, in the chips . Rich, affluent. For example, When he's in the money, he's extremely generous to his friends , or After that box-office bonanza, she's in the chips . The chips in the variant presumably allude to poker chips. [ Colloquial ; late 1800s]

2. Placing first, second or third in a contest on which a bet has been placed, especially a horse race. For example, My luck held today, and I ended up in the money . [c. 1900]

Example Sentences

If Cornwall Capital made a bet with Deutsche Bank and it wound up “in the money,” Deutsche Bank was not required to post collateral.

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An “in the money option” is one in which the strike price is lower than the current price.

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“Our advice to investors is to be disciplined about making sure you’re actually investing in the money and not in the story,” Ward added.

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And some experts think conditions in the money markets indicate that the Fed is in danger of repeating its 2019 mistake of taking too much liquidity out of the system.

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Warsh wants to see a return of monetarism, a line of thinking that says increases in the money supply can drive inflation.

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Related Words

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• wealthy 
• well-heeled 
• well-off 
• well-to-do