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smart money

n.
1.money bet or invested by experienced gamblers or investors (especially if they have inside information)
2.(law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
3.people who are highly experienced or who have inside information

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Word of the Day

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    Idiom of the Day

    keep late hours
    to stay up late, to stay out until very late
    My friend keeps late hours now that he is working for the newspaper.



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