Meaning: This idiom means to be exactly correct or accurate, especially in making a statement, assessment, or prediction. It implies hitting the target precisely with no deviation.
Usage in Example Sentences:
- “Your analysis of the market trends was right on the money; we made a significant profit following your advice.”
- “Her guess about the number of attendees was right on the money.”
- “When he predicted the outcome of the game, he was right on the money.”
Origin: The origin of the idiom “right on the money” is believed to be from gambling and sports, where making a precise bet or prediction would result in a win. In these contexts, being “on the money” referred to hitting the exact target, such as a winning bet. The phrase likely evolved from this usage to describe any situation where something is exactly correct or accurate. Over time, it has been adopted into everyday language to praise someone’s precise accuracy or correctness in various fields and contexts.