the smart money
Money used for investments that is controlled by people who are experienced in and knowledgeable of investing large sums of money, or the people who have or control that money. Historically, the smart money is in gold. During the economic recession, the smart money bought up prime pieces of land at low prices, and now that the market is rebounding, they are making a fortune.
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.
money belonging to smart or clever people. Most of the smart money is going into utility stocks right now. Watch and see what the smart money is doing.
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.
the smart moneyJOURNALISM
1. If you talk about the smart money, you mean people who have a lot of experience and knowledge of investing money. Today, a lot of the smart money is turning to bonds. Smart money has been snapping up South African equities too.
2. The Smart money is also used to refer to investments made by people with experience and knowledge of investing. Most of the smart money has gone into some form of residential property.
Collins COBUILD Idioms Dictionary, 3rd ed. © HarperCollins Publishers 2012
n. money belonging to smart or clever people. Most of the smart money is going into utility stocks right now.
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.