new money
The term "new money" contrasts with "old money," highlighting recently acquired wealth often associated with self-made success.
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Definition
B2Sociology
(general)Individuals or families who have recently become wealthy, usually through their own efforts rather than inheritance.
Example
- Many tech entrepreneurs are considered new money because they built their fortunes in the digital age.
- New money often lacks the established social connections of old money families.
B2Economics
(general)Wealth that has been recently acquired, often through entrepreneurship or innovation.
Example
- New money plays a significant role in driving economic growth and innovation.
- Investors who made their fortunes in the stock market are often referred to as new money.
Similar
Terms that have similar or relatively close meanings to "new money":
old moneybig moneycash moneyhot moneyplay moneysound moneydead moneysingle moneyplace moneyclean moneypaper moneynouveau richefound moneysmart moneysoft moneyfront moneyblack moneymad moneymoney machineeasy moneymoney bagdirty moneyprint moneyfunny moneyhard moneymoney shift