smart-money

The smart-money was awarded to the injured party.

Definition

Noun - Financial compensation: "smart-money" refers to a sum of money paid as damages or compensation for an injury or loss, often beyond mere restitution, to account for intangible harm such as pain or suffering. - Experienced investors: In finance, "smart-money" denotes capital invested by sophisticated or well-informed investors, such as institutional traders or insiders, who are expected to make profitable decisions based on superior knowledge.

Usage Examples

• Compensation:

  • The court awarded him smart-money for the emotional distress caused by the accident. (Additional monetary compensation for non-physical suffering.)
  • In legal settlements, smart-money is sometimes included to punish negligent parties. (Damages beyond actual losses.)

• Investors:

  • The smart-money is moving into technology stocks ahead of the earnings report. (Experienced investors are buying shares based on inside information or analysis.)
  • Following the smart-money can be risky for retail traders. (Imitating the actions of well-informed investors.)

Advanced Usage

• "follow the smart-money": to imitate the investment strategies of knowledgeable or institutional investors.

  • Many beginners try to follow the smart-money, but they often misjudge the timing. (They copy the trades of experts.)

• "smart-money bet": a wager or investment considered likely to succeed due to insider knowledge.

  • His purchase of the startup was a smart-money bet that paid off handsomely. (A gamble based on informed judgment.)

Variants and Related Words

• Smart (adj): having or showing quick intelligence; clever.

  • She is a smart investor who always seeks the best returns. (Intelligent and shrewd.)

• Money (n): a medium of exchange in the form of coins and banknotes.

  • He saved his money for a new car. (Currency or funds.)

Synonyms

• Compensation: payment for loss or injury.
• Damages: monetary compensation awarded by a court for a legal wrong.
• Insider capital: funds invested by those with privileged information (in finance).

Related Idioms

• Put one's money where one's mouth is: to support one's statements with action or investment.

  • If you believe in the project, put your money where your mouth is and invest. (Act on your words.)

• Money talks: wealth gives power or influence.

  • In that negotiation, smart-money talks louder than promises. (Financial resources have authority.)