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Definitions of smart money
  1. noun
    (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
  2. noun
    money bet or invested by experienced gamblers or investors (especially if they have inside information)
    type of:
  3. noun
    people who are highly experienced or who have inside information
    "the smart money said Truman would lose the election"
    type of:
Explanation of smart money
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