Definition of new money in English:

new money


  • 1[mass noun] Wealth that has been recently acquired, typically that which a person has earned rather than inherited.

    ‘then came the new men with new money’
    1. 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’