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