smart money
Học thuậtThân thiện
Definition
- Noun:
- People who are highly experienced or who have inside information: Refers to a group of individuals considered to be knowledgeable, well-informed, or expert in a particular field, especially in finance, gambling, or politics. Their opinions or actions are seen as predictive.
- (Law) Compensation in excess of actual damages: A legal term for punitive damages awarded as a form of punishment in cases of malicious or willful misconduct.
- Money bet or invested by experienced gamblers or investors (especially if they have inside information): Funds wagered or committed by those believed to have superior knowledge or access to non-public information.
Usage Examples
- Noun (Informed People):
- The smart money is betting on the incumbent to win.
- According to the smart money, the tech stock is undervalued.
- Noun (Legal Term):
- The jury awarded smart money to punish the company for its fraudulent actions.
- Noun (Informed Funds):
- The sudden stock movement suggested that the smart money was already moving in.
Advanced Usage
- "To follow the smart money": To mimic the investments or bets of those considered to be well-informed insiders.
- Many amateur investors try to follow the smart money.
- "The smart money is on...": A common phrase used to indicate that knowledgeable people favor a particular outcome.
- The smart money is on a merger announcement next week.
Variants and Related Words
- Smart (adj): Intelligent, clever, or stylish. (Note: This is the base adjective, but "smart money" is a fixed phrase with specific meanings distinct from simply "intelligent money").
- Punitive damages (n): The formal legal term synonymous with the "smart money" definition in law.
Synonyms
- Insiders: People with privileged information.
- Experts: People with extensive knowledge.
- Punitive damages: (For the legal sense) Exemplary damages.
- Informed capital: (For the investment sense) Money from knowledgeable sources.
Related Phrases
- Whale (n): (In gambling/investing) A person who gambles or invests very large sums of money.
- Inside information (n): Confidential, non-public knowledge.
- Betting line (n): The odds set for a wager, which can be influenced by where the smart money is placed.
Noun
- people who are highly experienced or who have inside information
- the smart money said Truman would lose the election
- (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
- money bet or invested by experienced gamblers or investors (especially if they have inside information)