Moneyless vs Moneyness - What's the difference?
moneyless | moneyness |
Having no (or very little) money; penniless
That does not use money as a means of exchange
(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, banking) The degree to which an asset approximates cash in its ready liquidity and the low transactions costs in realizing that liquidity.
*2004 , Peter Joseph Drake, Currency, Credit and Commerce: Early Growth in Southeast Asia ,
*: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.
As an adjective moneyless
is having no (or very little) money; penniless.As a noun moneyness is
(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.moneyless
English
Adjective
(en adjective)moneyness
English
Noun
(wikipedia moneyness) (en-noun)- As an option's expiration date approaches only its moneyness has value.
- In good times everything seems to have moneyness'''; in bad times, some money doesn't have much ' moneyness .
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