mad money

mad money

noun Informal.
1.
a small sum of money carried or kept in reserve for minor expenses, emergencies, or impulse purchases.
2.
a small sum of money carried by a woman on a date to enable her to reach home alone in case she and her escort quarrel and separate.

Origin:
1915–20

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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