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smart money - 6 dictionary results
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smart money

 
Use smart money in a Sentence
–noun
1. money invested or wagered by experienced investors or bettors.
2. such knowledgeable investors or bettors.
3. Law. punitive or exemplary damages.
Origin:
1685–95
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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smart money  
n.  
  1. Games Bets or a bet placed by experienced gamblers or those having privileged information.
  2. Informal
    1. Experienced, well-informed investors: Smart money is supporting the conservative presidential candidate.
    2. Investments made by people experienced and well informed in matters of finance.
  3. Law Compensation beyond the value of actual harm, awarded by a jury in cases of gross negligence or willful misconduct.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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smart money 
"money bet by those in the know," 1926, from smart (adj.). The same phrase earlier meant "money paid to sailors, soldiers, workers, etc., who have been disabled while on the job" (1693), from a noun derivative of smart (v.).
Online Etymology Dictionary, © 2001 Douglas Harper
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smart money

The funds controlled by investors who should have special knowledge of the right kinds of investments to make. Essentially, the term refers to funds controlled by insiders or to institutional money. The implication is that if the individual investor can figure out where the smart money is going, he or she can follow suit and make above-average profits. Many researchers believe that smart money is no more likely to earn above-average returns than funds invested by typical investors.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Main Entry: smart money
Function: noun
Etymology: smart pain
: PUNITIVE DAMAGES at, DAMAGE

Main Entry: smart money
Function: noun
1 : money invested by one having inside information or much experience
2 : well-informed investors or speculators
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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