Smart money

Definition - Noun
[smart pain]
: See also punitive damages

Definition - Noun
1  : money invested by one having inside information or much experience
2  : well-informed investors or speculators



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Based on Merriam-Webster's Dictionary of Law ©2001.
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collateral negligence

negligence on the part of an independent contractor that is not connected with a manner of working or risk ordinarily associated with particular work and for which the employer of the contractor is not liable


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