smart money

/smɑrt ˌmʌni/

Definitions of smart money

1. noun

   money bet or invested by experienced gamblers or investors (especially if they have inside information)
   type of:

   speculation, venture

   an investment that is very risky but could yield great profits
2. noun

   people who are highly experienced or who have inside information
   “the smart money said Truman would lose the election”

   type of:

   people

   (plural) any group of human beings (men or women or children) collectively
3. noun

   (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
   synonyms: exemplary damages, punitive damages

   types:

   double damages

   twice the amount that a court would normally find the injured party entitled to

   treble damages

   three times the amount that a court would normally find the injured party entitled to

   type of:

   amends, damages, indemnification, indemnity, redress, restitution

   a sum of money paid in compensation for loss or injury