|
Definition |
Individuals with expert inside information
in a specific area use their knowledge to make profitable decisions. |
Examples |
1) The smart money knows when to buy
and sell stocks based on in-depth analysis and market trends. 2)
Experienced gamblers rely on their knowledge and intuition to
strategically place bets, earning them the reputation of being the
smart money at the casino. |
Etymology |
The term likely evolved from the concept of
smart individuals wisely investing money in making financial decisions. |
Synonyms |
savvy investors, sharp money, wise punters |