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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
1915-1920
1915-20
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Slang definitions & phrases for mad-money

mad money

noun phrase
  1. Money carried by a woman with which to pay her way home if her escort becomes offensive
  2. Money saved by a woman against the time when she wants to make an impulsive or therapeutic purchase (1922+)

The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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6
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