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Smart money

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Definitions:

Noun

smart money

Definition: money bet or invested by experienced gamblers or investors (especially if they have inside information)

punitive damages exemplary damages smart money

Definition: (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)

smart money

Definition: people who are highly experienced or who have inside information; "the smart money said Truman would lose the election"

Definition: Experienced, well-informed investors, gamblers etc considered as a group.

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