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English definition of “the smart money”

the smart money

noun [S]
 
 
FINANCE money invested by people who take the right decisions to make a profit: The smart money moved out of the property market last year.
the smart money is on sth a phrase used to say that something will probably happen: The smart money is on James for the new Director Finance post. The smart money is on the country remaining outside the Eurozone for the next decade.
(Definition of the smart money from the Cambridge Business English Dictionary © Cambridge University Press)
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