| NOUN | possession | smart money | money bet or invested by experienced gamblers or investors (especially if they have inside information) |
|---|---|---|---|
| possession | smart money, punitive damages, exemplary damages | (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct) | |
| group | smart money | people who are highly experienced or who have inside information |
| Meaning | money bet or invested by experienced gamblers or investors (especially if they have inside information). | |
|---|---|---|
| Broader | speculation, venture | An investment that is very risky but could yield great profits / profits |
| Meaning | (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct). | |
|---|---|---|
| Synonyms | punitive damages, exemplary damages | |
| Category | law, jurisprudence | The collection of rules imposed by authority |
| Narrower | double damages | Twice the amount that a court would normally find the injured party entitled to |
| treble damages | Three times the amount that a court would normally find the injured party entitled to | |
| Broader | damages, amends, indemnity, indemnification, restitution, redress | A sum of money paid in compensation for loss or injury |
| Meaning | People who are highly experienced or who have inside information. | |
|---|---|---|
| Example | "the smart money said Truman would lose the election" | |
| Broader | people | (plural) any group of human beings (men or women or children) collectively |
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