Looking for the meaning or definition of the word moneyness? Here's what it means.
Noun
(derivative securities) The degree to which a derivative security is in the money, because of the relationship of the price of the underlying security to a conversion price or exercise price.
(economics) The degree to which an asset approximates cash in its ready liquidity and the low transactions costs in realizing that liquidity.
Examples
As an option's expiration date approaches only its moneyness has value.
