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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译者Jessie,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与能源、自然资源与利用相关的法律文件。