smart money meaning

UK /smɑːt ˈmʌni/ US /smɑrt ˈmʌni/ 3 syllables

smart money (noun): money bet or invested by experienced gamblers or investors (especially if they have inside information).

smart money has 3 meanings in this dictionary.

smart money as a noun

  1. money bet or invested by experienced gamblers or investors (especially if they have inside information)

    Type of: speculation

  2. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)

    Synonyms: punitive damages, exemplary damages

    Type of: damages

    Kinds: double damages, treble damages

  3. people who are highly experienced or who have inside information
    • the smart money said Truman would lose the election

    Type of: people

How to pronounce smart money

smart money is pronounced /smɑːt ˈmʌni/ in British English and /smɑrt ˈmʌni/ in American English. It has 3 syllables.

More about smart money on Wikipedia.