smart money   (TTS Sound)

The noun smart money has 3 senses

• smart money -- (money bet or invested by experienced gamblers or investors (especially if they have inside information))


• punitive damages, exemplary damages, smart money -- ((law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct))


• smart money -- (people who are highly experienced or who have inside information; "the smart money said Truman would lose the election")