Definition of new money in English:

new money

Line breaks: new money

noun

[mass noun]
1Wealth that has been recently acquired, typically that which a person has earned rather than inherited: then came the new men with new money
1.1People who have recently become wealthy, typically through earned income rather than an inheritance: criminals, entrepreneurs, politicians, gangsters, old money and new money—all hang out in the same places, united by cash not class

Definition of new money in:

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Word of the day nous
Pronunciation: naʊs
noun
common sense; practical intelligence