Smart Money (Noun)

Meaning ¹

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

Classification

Nouns denoting possession and transfer of possession.

Examples

• The smart money was on the underdog to win the championship game, but few others saw the potential for an upset.
• Insiders said the smart money had been quietly investing in the startup for months before it went public.
• The horse racing enthusiast studied the track and knew where the smart money was being placed for the big stakes.
• The analyst suggested that the smart money was pulling out of the stock, signaling a potential downturn.
• Despite the public's enthusiasm for the new IPO, the smart money remained cautious and stayed on the sidelines.

Hypernyms

• Venture

Meaning ²

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

Classification

Nouns denoting possession and transfer of possession.

Examples

• The court awarded smart money to the plaintiff as a form of punishment for the defendant's reckless disregard for the law.
• In cases of egregious misconduct, the court may award smart money in addition to actual damages to deter similar behavior in the future.
• The jury's decision to award smart money was seen as a strong rebuke of the defendant's malicious actions.
• The court's award of smart money was intended to punish the defendant for its willful and intentional disregard for the plaintiff's rights.
• The plaintiff's attorney argued that the defendant's actions warranted an award of smart money to reflect the severity of its misconduct.

Synonyms

• Exemplary Damages
• Punitive Damages

Hypernyms

• Amends
• Damages
• Redress
• Restitution
• Indemnification

Hyponyms

• Treble Damages
• Double Damages

Meaning ³

People who are highly experienced or who have inside information; "the smart money said Truman would lose the election".

Classification

Nouns denoting groupings of people or objects.

Examples

• The smart money was betting against the company's ability to turn a profit in the next quarter.
• In the days leading up to the election, the smart money was on the incumbent, but the challenger pulled off a surprise upset.
• The smart money in the tech industry was investing heavily in renewable energy startups.
• According to the smart money, the housing market was due for a correction and prices would soon plummet.
• The smart money in Hollywood was predicting that the film would sweep the Oscars, but it ultimately went home empty-handed.