Definition, Meaning & Synonyms
mad-money
Noun
mӕd ˈmʌni
Definition
Money that is used for high-risk investments or speculative ventures, often seen as a part of a broader financial strategy.
Examples
- Many investors use mad-money to experiment with new tech stocks.
- She allocated a portion of her savings as mad-money to invest in cryptocurrency.
Meaning
The term ‘mad-money’ refers to the funds set aside for investments that are considered extremely risky or uncertain. It reflects a willingness to gamble on potentially high-yield returns without concern for possible loss.
Synonyms
- Speculative funds
- Risk capital
- Gambling money
