Language: en
Meaning: (idiomatic)A sum of money, often relatively small in amount, kept inreserveto use forimpulsive,frivolouspurposes.1975November 10, “Baglets”, inTime:Ultrasuede minibags "are just the solution for waste." And for crime. Most minis hardly hold more thanmad moneyand a comb.; (idiomatic)A sum of money kept in reserve or toinsulateoneselffinanciallyin the event of thesuddenbreakdownof a relationship in which one iseconomicallydependent.1975, George Javor, “Mad Money: A Semantic Change”, inAmerican Speech,vol. 50, no. 1/2, p. 155:Such an expression ismad money, noted as early as 1922 by Howard J. Savage (Dialect Notes5:148) at the end of an article on Bryn Mawr slang. Savage's definition is 'money a girl carries in case she has a row with her escort and wishes to go home alone.'
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