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smart money

 
Noun smart money has 3 senses
  1. smart money - money bet or invested by experienced gamblers or investors (especially if they have inside information)
    --1 is a kind of
    speculation, venture
  2. punitive damages, exemplary damages, smart money - (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
    --2 is a kind of damages, amends, indemnity, indemnification, restitution, redress
    --2 has particulars: double damages; treble damages
  3. smart money - people who are highly experienced or who have inside information; "the smart money said Truman would lose the election"
    --3 is a kind of
    people
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