Definition of smart-money Smart-money
We found 3 definitions of smart-money from 3 different sources.
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What does smart-money mean?
Wiktionary 
- smart-money (Noun)
Money paid as a compensation to a person injured.
Sailor's Word-BookThe Sailor's Word-Book ⛵
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smart-money
A pension given to a wounded man, according to the extent of the injury and his rank. Thus a lieutenant gets £91, 5s. for the loss of a leg, and a captain £300.
Military DictionaryMilitary Dictionary and Gazetteer 💥
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smart-money
In England, the money which was paid by the person who had taken the enlisting money, in order to get released from an engagement entered into previous to a regular enlistment. Also, money allowed to soldiers or sailors in the British service for wounds or injuries received.
