smart money

Definitions of smart money
1

n money bet or invested by experienced gamblers or investors (especially if they have inside information)

Type of:
speculation, venture
an investment that is very risky but could yield great profits

n people who are highly experienced or who have inside information

“the smart money said Truman would lose the election”
Type of:
people
(plural) any group of human beings (men or women or children) collectively

n (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)

Synonyms:
exemplary damages, punitive damages
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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