(usually uncountable, plural moneynesses)
- (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.
- As an option's expiration date approaches only its moneyness has value.
- (economics, banking) The degree to which an asset approximates cash in its ready liquidity and the low transactions costs in realizing that liquidity.
- In good times everything seems to have moneyness; in bad times, some money doesn't have much moneyness.
money + -ness