Definition of new money in English:

new money

Syllabification: new mon·ey

noun

  • 1A fortune recently acquired; funds recently raised.
    More example sentences
    • If you've owned the fund shares long enough to still have a profit, it might be better to hold your position - and even add new money to that fund.
    • The firm is expected to announce that it has raised £4.1m of new money and will have a market value of about £14m.
    • Friends said the new money raised will improve its capital position and allow it to be more aggressive.
  • 1.1Those whose wealth is recently acquired rather than inherited; the nouveau riche.
    More example sentences
    • D' Arcy knows that the money flowing into his shop is now as likely to be earned from web design as the nouveau needs of old new money.
    • He's not quite sure who the Owens are, because they're new money.

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