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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).
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"
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
Lexicographical Neighbors of Smart Money
Literary usage of Smart money
Below you will find example usage of this term as found in modern and/or classical literature:
1. Judicial and Statutory Definitions of Words and Phrases by West Publishing Company (1914)
""Vindictive damages," sometimes called "smart money," are only awarded In actions of
... "punitive," "vindictive," or "smart money," and in an action for ..."
2. The Southern Law Review by William S. Hein & Company (1880)
"Such damages are termed exemplary, punitive, or vindictive damages, —sometimes
called " smart-money," —and are only awarded in cases where there is an ..."
3. The British Drama: Comprehending the Best Plays in the English Language (1804)
"... for he'll have the devil and all of actions against the rogues for I kiss your
hands Sir, I nothing at all false imprisonment, and smart-money Ladies, ..."
4. The American State Reports: Containing the Cases of General Value and by Abraham Clark Freeman (1893)
"The defendant complains of this portion of the charge, because the court used
the words " smart-money "; that this was tantamount to an instruction that ..."
5. The Continental Legal History Series by Association of American Law Schools (1918)
"In some statutes it has retained this character; and in other cases it is always
free to the parties to agree upon smart-money in their contract. ..."
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