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Meaning of “old money” in the English Dictionary

"old money" in Business English

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old moneynoun [U]

uk   us   informal
ECONOMICS families that have been ​rich for a ​longtime, considered as a ​group: The new ​billionaires and ​millionaires are reluctant to ​adopt the ​practice of America's old ​money.
(Definition of old money from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “old money”
in Chinese (Simplified) 人, 祖上殷实的富人,富裕世家…
in Chinese (Traditional) 人, 祖上殷實的富人,富裕世家…
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“old money” in British English

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