smart money

money invested or wagered by experienced investors or bettors.
such knowledgeable investors or bettors.
Law. punitive or exemplary damages.

1685–95 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To smart-money
World English Dictionary
smart money
1.  a.  money bet or invested by experienced gamblers or investors, esp with inside information
 b.  the gamblers or investors themselves
2.  money paid in order to extricate oneself from an unpleasant situation or agreement, esp from military service
3.  money paid by an employer to someone injured while working for him
4.  (US) law damages awarded to a plaintiff where the wrong was aggravated by fraud, malice, etc

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Word Origin & History

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, © 2010 Douglas Harper
Cite This Source
Copyright © 2014, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature