English Dictionary |
SMART MONEY
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Dictionary entry overview: What does smart money mean?
• SMART MONEY (noun)
The noun SMART MONEY has 3 senses:
1. money bet or invested by experienced gamblers or investors (especially if they have inside information)
2. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
3. people who are highly experienced or who have inside information
Familiarity information: SMART MONEY used as a noun is uncommon.
Dictionary entry details
Sense 1
Meaning:
Money bet or invested by experienced gamblers or investors (especially if they have inside information)
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("smart money" is a kind of...):
speculation; venture (an investment that is very risky but could yield great profits)
Sense 2
Meaning:
(law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
exemplary damages; punitive damages; smart money
Hypernyms ("smart money" is a kind of...):
amends; damages; indemnification; indemnity; redress; restitution (a sum of money paid in compensation for loss or injury)
Domain category:
jurisprudence; law (the collection of rules imposed by authority)
Hyponyms (each of the following is a kind of "smart money"):
double damages (twice the amount that a court would normally find the injured party entitled to)
treble damages (three times the amount that a court would normally find the injured party entitled to)
Sense 3
Meaning:
People who are highly experienced or who have inside information
Classified under:
Nouns denoting groupings of people or objects
Context example:
the smart money said Truman would lose the election
Hypernyms ("smart money" is a kind of...):
people ((plural) any group of human beings (men or women or children) collectively)
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