moneyness

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الإنجليزية - الإنجليزية
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.

The degree to which an asset approximates cash in its ready liquidity and the low transactions costs in realizing that liquidity

It is this undiscriminating acceptability which confers 'moneyness' on some things, regardless of the fact that others may also serve such subsidiary money functions as being a store of value or unit of account.

moneyness
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