smart money

smart money.

1. Funds held by sophisticated, usu. large investors who are considered capable of minimizing risks and maximizing profits (the smart money has now left this market).

2. See punitive damages under DAMAGES ( although the jury awarded only $7,000 in actual damages, it also awarded $500,000 in smart money).

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词条贡献者

译者Lynn，毕业于法国顶尖的高级翻译学院，擅长翻译各种与涉及美国证券法的诉讼和调查（包括告密者调查）相关的法律文件。