smart money

Definitions of smart money
  1. noun
    money bet or invested by experienced gamblers or investors (especially if they have inside information)
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    type of:
    speculation, venture
    an investment that is very risky but could yield great profits
  2. noun
    people who are highly experienced or who have inside information
    “the smart money said Truman would lose the election”
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    type of:
    people
    (plural) any group of human beings (men or women or children) collectively
  3. noun
    (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
    synonyms: exemplary damages, punitive damages
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    types:
    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
    type of:
    amends, damages, indemnification, indemnity, redress, restitution
    a sum of money paid in compensation for loss or injury
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