smart-money

noun

  1. 1

    Experienced, well-informed investors, gamblers etc considered as a group.

  2. 2

    The money invested or bet by such people; by extension, the opinions of such people.

    “The smart money is on a half percent cut in the basic bank lending rates before the end of the week.”
  3. 3

    Money paid by a person to buy himself off from some unpleasant engagement or some painful situation.

  4. 4

    Money allowed to soldiers or sailors, in the English service, for wounds and injuries received; also, a sum paid by a recruit, previous to being sworn in, to procure his release from service.

  5. 5

    Vindictive or exemplary damages; damages beyond a full compensation for the actual injury done.

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