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Smart money

noun

Noun

1
Experienced, well-informed investors, gamblers, etc. considered as a group. collective, uncountable
"First, we will try to understand the market using a simplified model focusing on the psychological perspective of two major groups: the smart money players who are assumed to be driving the market, and the general, uninformed public."
2
people who are highly experienced or who have inside information wordnet
3
The money invested or bet by such people; by extension, the opinions of such people. uncountable
"The smart money is on a half percent cut in the basic bank lending rates before the end of the week."
4
(law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct) wordnet
5
Money paid by a person to buy himself off from some unpleasant engagement or some painful situation. uncountable

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6
money bet or invested by experienced gamblers or investors (especially if they have inside information) wordnet
7
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. historical, uncountable
"The reader may remember that Mr Allworthy gave Tom Jones a little horse, as a kind of smart-money for the punishment which he imagined he had suffered innocently."
8
Vindictive or exemplary damages; damages beyond a full compensation for the actual injury done. uncountable
"September 30 1893, Charles Vane-Tempest-Stewart, 6th Marquess of Londonderry, "Empolyers' Liability Bill", quoted in The Parliamentary Debates it made was paid by employers to workmen employers liable for injuries resulting as smart money"

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