Definitions
There are 3 meanings of the phrase
Smart Money.
Smart Money - as a noun
Money bet or invested by experienced gamblers or investors (especially if they have inside information)
(law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
Synonyms (Exact Relations)
exemplary damagespunitive damagesHypernyms (Closely Related)
amends9damages11indemnification23indemnity15redress8restitution11Hyponyms (Broadly Related)
People who are highly experienced or who have inside information
Example: "The smart money said truman would lose the election"
Example Sentences
"The smart money was on the underdog team to win the game."
"Investors know that smart money goes into real estate during a recession."
"She followed the smart money and bought stock in the booming industry."
"The smart money is cautious about investing in risky ventures."
"I trust his investment advice; he's always been smart money."