Intrinsic Value

/ˌɪntrɪnzɪk ˈvæljuː/

Definitions

  1. (n.) The inherent worth of a security, asset, or right based on its fundamental qualities, distinct from its market price.
    The intrinsic value of the stock was higher than its current trading price.
  2. (n.) In options law, the amount by which an option is in-the-money, i.e., the difference between the underlying asset’s current price and the option’s strike price.
    The call option has an intrinsic value of $5 since the stock price exceeds the strike price by that amount.

Forms

  • intrinsic value

Commentary

Intrinsic value often contrasts with market or extrinsic value; clear context is crucial when drafting to specify which meaning applies, especially in securities and options agreements.

This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.

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