smart money

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

First recorded in 1685–95
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use smart money in a sentence

British Dictionary definitions for smart money

smart money

  1. money bet or invested by experienced gamblers or investors, esp with inside information
  2. the gamblers or investors themselves
money paid in order to extricate oneself from an unpleasant situation or agreement, esp from military service
money paid by an employer to someone injured while working for him
US law damages awarded to a plaintiff where the wrong was aggravated by fraud, malice, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012