old money

The term "old money" contrasts with "new money" and is often associated with inherited wealth, tradition, and social status.

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Definition

B2Sociology

(idiomatic)Wealth that has been passed down through multiple generations within a family.

Example

  • She comes from old money, with her family's wealth dating back several centuries.
  • Old money families often have a strong sense of tradition and social status.

B2Economics

(idiomatic)A social class of individuals or families with inherited wealth, often distinguished by a long history of financial stability and influence.

Example

  • The town's old money elite have a significant impact on local politics and business.
  • Old money is typically more conservative in its investment strategies.

B2Culture

(idiomatic)A lifestyle or aesthetic associated with families that have long-standing wealth, characterized by elegance, tradition, and refinement.

Example

  • Her home was decorated in a style that exuded old money elegance.
  • Old money families often prioritize cultural heritage and legacy.

Similar

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

new moneybig moneydead moneynouveau richesmart moneycash moneydirty moneyfound moneysound moneyupper classmoney bagsoft moneyclean moneypaper moneyold guardplace moneyhot moneyplay moneyblack money