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\ ˈsmärt-ˌmə-nē 
\
\Definition of smart money
(Entry 1 of 2)
smart money
noun (2)\ ˈsmärt-ˈmə-nē , -ˌmə-nē \
, -ˌmə-nē \Definition of smart money (Entry 2 of 2)
1 : money ventured by one having inside information or much experience
2 : well-informed bettors or speculators
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The first known use of smart money was in 1707
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