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Idiom

right on the money

idiom (adjective phrase)
UK /ˌraɪt ɒn ðə ˈmʌni/
US /ˌraɪt ɑn ðə ˈmʌni/

Meanings

idiom (adjective phrase)

Exactly correct; highly accurate.

right on the money: Exactly correct; highly accurate.
idiom (adjective phrase)

Exactly the right amount or price; precisely what is expected.

right on the money: Exactly the right amount or price; precisely what is expected.

Definition

“Right on the money” means exactly correct or accurate.

If something is right on the money, it is precisely correct, accurate, or exactly what is needed. People often use it about estimates, predictions, prices, or explanations. It can also mean a timing or action is perfectly judged.

Examples

  • Your estimate was right on the money.
  • Her explanation of the problem is right on the money.
  • The weather forecast turned out to be right on the money.
  • The new design is right on the money for our target users.

Common mistake

Learners sometimes use it to mean “wealthy” because of the word money, but it actually means “exactly correct.”