smart money

noun (1)

\ ˈsmärt-ˌmə-nē

Definition of smart money

(Entry 1 of 2)

: punitive damages

smart money

noun (2)

\ ˈsmärt-ˈmə-nē

, -ˌmə-nē\

Definition of smart money (Entry 2 of 2)

1 : money ventured by one having inside information or much experience

2 : well-informed bettors or speculators

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More Definitions for smart money

smart money

noun

(Entry 1 of 2)

: punitive damages at damage 2

smart money

noun

Legal Definition of smart money (Entry 2 of 2)

1 : money invested by one having inside information or much experience

2 : well-informed investors or speculators