smart money
1.
(
noun
) people who are highly experienced or who have inside information; "the smart money said Truman would lose the election"
Related Words:
people
2.
(
noun
) money bet or invested by experienced gamblers or investors (especially if they have inside information)
Related Words:
speculation
,
venture
3.
(
noun
) (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
Synonyms:
exemplary damages
,
punitive damages
Related Words:
amends
,
damages
,
double damages
,
indemnification
,
indemnity
,
redress
,
restitution
,
treble damages
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