Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
smart money
1. Funds held by sophisticated usu. large investors who are considered capable of minimizing risks and maximizing profit <the smart money has now left this market>. 2. See punitive damages under DAMAGES <although the jury awarded only $7,000 in actual damages, it also awarded $500.000 in smart money>.