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Meanings of smart money in English

(Law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)

Usage of smart money in English
1
That means the smart money is still betting against personal income-tax reform.
Reuters
2
But the smart money is on a May general election in Britain.
The Irish Times
3
From the next room, Sam says, The smart money's on the cobra.
Lit: a memoir
4
My father taught me this -it's smart money versus dumb money.
Reuters
5
Electricity industry analysts are saying the smart money is on so-called Smart Grids.
Radio NZ
6
On Boris Johnson: The smart money is indeed on him for various reasons.
Radio NZ
7
When the financial crisis hit, the smart money went to cash.
Reuters
8
The smart money here is on imminent expansion into continental Europe.
The Irish Times
9
The smart money across the industry is betting on lithium-ion technology.
Wired
10
That may indicate that the smart money hasn't yet fallen for Holmes' vision.
Reuters
11
What would the smart money do in a situation like this?
Rain gods
12
But the smart money hardly ever talks in such ethereal terms.
The Guardian
13
The smart money was on half a century, at the outside.
Artemis Fowl
14
All this goes to show that hot money is not necessarily smart money.
Reuters
15
Until Sunday's tweets, the smart money had been on a deal.
Wired
16
Flint said: The smart money is on the low-carbon economy.
The Guardian
This collocation consists of:
Smart money across language varieties
Ireland
Common
United States of America
Less common
United Kingdom
Rare