smart money
- ☆ money bet or invested by those in the best position to know what might be advantageous
- ☆ Law exemplary damages
See smart money in American Heritage Dictionary 4
noun- Games Bets or a bet placed by experienced gamblers or those having privileged information.
- Informal
a. Experienced, well-informed investors: Smart money is supporting the conservative presidential candidate.
b. Investments made by people experienced and well informed in matters of finance.
- Law Compensation beyond the value of actual harm, awarded by a jury in cases of gross negligence or willful misconduct.
Learn more about smart money
link/cite
print
suggestion box
