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FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Smart Money

smart money n

[smart pain]
: punitive damages at damage
n 1 : money invested by one having inside information or much experience
2 : well-informed investors or speculators



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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