Hello, you have come here looking for the meaning of the word
smart money. In DICTIOUS you will not only get to know all the dictionary meanings for the word
smart money, but we will also tell you about its etymology, its characteristics and you will know how to say
smart money in singular and plural. Everything you need to know about the word
smart money you have here. The definition of the word
smart money will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
smart money, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
smart money (uncountable)
- (collective, finance) Experienced, well-informed investors, gamblers, etc. considered as a group.
- Antonym: dumb money
2012, Adam Grimes, The Art and Science of Technical Analysis, John Wiley & Sons, →ISBN, page 32:First, we will try to understand the market using a simplified model focusing on the psychological perspective of two major groups: the smart money players who are assumed to be driving the market, and the general, uninformed public.
2015, Jason Zweig, “smart money”, in The Devil's Financial Dictionary, PublicAffairs, →ISBN:If the smart money is so smart, why did it tell you what it's doing? If you're smart enough to know what the smart money thinks, then why aren't you keeping it a secret so you can cash in on it all by yourself?
- The money invested or bet by such people; by extension, the opinions of such people.
- Antonym: dumb money
The smart money is on a half percent cut in the basic bank lending rates before the end of the week.
2021 December 14, Richard Partington, quoting Thomas Belsham, “Bitcoin could become ‘worthless’, Bank of England warns”, in The Guardian:Simple game theory tells us that a process of backward induction should, really, at some point, induce the smart money to get out. And were that to happen, investors really should be prepared to lose everything.
2023 May 31, Nigel Harris, “Comment: GBR now! We have no Plan B”, in RAIL, number 984, page 3:Although the Department for Transport (to its credit) wants the GBR legislation, Prime Minister Rishi Sunak does not. He doesn't see railways as a priority in the run-up to a General Election which the smart money says he will likely lose.
- Money paid by a person to buy himself off from some unpleasant engagement or some painful situation.
- (military, historical) Money allowed to soldiers or sailors, in the English service, for wounds and injuries received; also, a sum paid by a recruit, previous to being sworn in, to procure his release from service.
- (law) Vindictive or exemplary damages; damages beyond a full compensation for the actual injury done.
Anagrams