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out-of-date
out-of-door
out-of-doors
out-of-pocket
out-of-sequence progress
out-of-state
out-of-state corporation
out-of-stater
out-of-the-money option
out-of-the-way
out-of-town
out period
out-there
out-tray
outa
outage
outback
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World English Dictionary
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out-of-the-money option
out-of-the-mon·ey op·tion (plural out-of-the-mon·ey op·tions)


noun 
Definition:
 
finance option with no immediate value: a financial instrument that can be exercised at a future date at a given price but for which immediate exercise would result in financial loss
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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