English dictionary
smart money meaning and definition
Definition and meaning of smart money at MeaningMonkey.org. smart money meaning and definition in the English Dictionary.SMART MONEY noun
Definition of smart money (noun)
- money bet or invested by experienced gamblers or investors (especially if they have inside information)
- (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
- synonyms: exemplary damages, punitive damages
- people who are highly experienced or who have inside information
- "the smart money said Truman would lose the election"
Source: Princeton University Wordnet