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

• punitive damages
• exemplary damages

News & Articles

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• Common sense loses to MaineCare ideology
  BY GINA HAMILTON SMART MONEY Gov. Paul LePage vetoed MaineCare expansion as part of a spate of vetoes at the end of the current Legislative session. Since his veto was sustained, it is unlikely that the issue will come up again before January. I hoped that, by then, both sides will look at the economics of what they’re turning down. read more
  July 10, 2013 - The Times Record
• Bid to air Yanks games on WOR
  With Yankees and Mets radio rights set to expire in October, the smart money had long been on the market’s two sports stations — WFAN and ESPN — to land one or the other of the highly coveted properties.But a new player has emerged, and it looks as if it...
  July 10, 2013 - New York Post
• Kids Bring Home The Bacon: What They Need To Know
  The best part of summer for many teens is their first paycheck. And while they may want to buy digital gadgets, financial experts say it's the perfect time to learn how to manage money. Host Michel Martin talks with parents about teaching smart money moves to kids of all ages.
  July 9, 2013 - NPR