smart money

Noun
  1. Money bet or invested by experienced gamblers or investors (especially if they have inside information) (synset 113364138)
    is a type of: speculation, venture - an investment that is very risky but could yield great profits
  2. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct) (synset 113312854)
    referred to in: jurisprudence, law - the collection of rules imposed by authority
    is a type of: amends, damages, indemnification, indemnity, redress, restitution - a sum of money paid in compensation for loss or injury
    subtypes:
    • 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
    same as: exemplary damages, punitive damages
  3. People who are highly experienced or who have inside information (synset 108418927)
    "the smart money said Truman would lose the election"
    is a type of: people - (plural) any group of human beings (men or women or children) collectively

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