smart money
/S M AA1 R T M AH1 N IY0/noun
- 1
Experienced, well-informed investors, gamblers etc considered as a group.
- 2
The money invested or bet by such people; by extension, the opinions of such people.
“The smart money is on a half percent cut in the basic bank lending rates before the end of the week.”
- 3
Money paid by a person to buy himself off from some unpleasant engagement or some painful situation.
- 4
Money allowed to soldiers or sailors, in the English service, for wounds and injuries received; also, a sum paid by a recruit, previous to being sworn in, to procure his release from service.
- 5
Vindictive or exemplary damages; damages beyond a full compensation for the actual injury done.
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