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Definition of Smart money
1. Noun. Money bet or invested by experienced gamblers or investors (especially if they have inside information).
2. Noun. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct).
Exact synonyms: Exemplary Damages, Punitive Damages
Category relationships: Jurisprudence, Law
Generic synonyms: Amends, Damages, Indemnification, Indemnity, Redress, Restitution
Specialized synonyms: Double Damages, Treble Damages
Category relationships: Jurisprudence, Law
Generic synonyms: Amends, Damages, Indemnification, Indemnity, Redress, Restitution
Specialized synonyms: Double Damages, Treble Damages
3. Noun. People who are highly experienced or who have inside information. "The smart money said Truman would lose the election"
Generic synonyms: People
Definition of Smart money
1. Noun. experienced, well-informed investors, gamblers etc considered as a group ¹
2. Noun. the money invested or bet by such people; by extension, the opinions of such people ¹
¹ Source: wiktionary.com