mad money

Originating in the 1920s, "mad money" refers to a small reserve of funds set aside for discretionary or emergency purposes.

πŸ‡ΊπŸ‡Έ US Voice:
πŸ‡¬πŸ‡§ UK Voice:

Definition

B2Personal Finance

(informal)A small amount of money kept aside for impulsive purchases or non-essential spending.

Example

  • She always carries a bit of mad money in case she sees something she wants to buy on a whim.

B2Emergency Preparedness

(informal)A reserve of money kept for unexpected situations or emergencies.

Example

  • He keeps some mad money in his wallet in case he needs to take a taxi home.

Similar

Terms that have similar or relatively close meanings to "mad money":

funny moneybig moneyplay moneynew moneycash moneyhot moneymoney machineeasy moneysmart moneydead moneysound moneysingle money