Origin of smart moneyfrom smart, adjective money bet or invested by those in the best position to know what might be advantageous
Origin of smart money< smart, nounLaw exemplary damages
smart moneysmart money
- 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 Punitive damages.