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indemnity vs smart money

smart money vs indemnity

indemnity and smart money both are nouns.

Word NounAdjectiveVerbAdverb
indemnity Yes No No No
smart money Yes No No No
As nouns, smart money is a hyponym of indemnity; that is, smart money is a word with a more specific, narrower meaning than indemnity:
  • indemnity: a sum of money paid in compensation for loss or injury
  • smart money: (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
indemnity (noun) smart money (noun)
a sum of money paid in compensation for loss or injury people who are highly experienced or who have inside information
legal exemption from liability for damages money bet or invested by experienced gamblers or investors (especially if they have inside information)
protection against future loss (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
Difference between indemnity and smart money

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