mad money

mad money
a) A sum of money, often relatively small in amount, kept in reserve to use for impulsive, frivolous purposes.

Ultrasuede minibags "are just the solution for waste." And for crime. Most minis hardly hold more than mad money and a comb.

b) A sum of money kept in reserve or to insulate oneself financially in the event of the sudden breakdown of a relationship in which one is economically dependent.

Such an expression is mad money, noted as early as 1922 by Howard J. Savage (Dialect Notes 5:148) at the end of an article on Bryn Mawr slang. Savages 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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  • mad money — mad .money n [U] AmE informal money that you have saved so that you can spend it when you see something you want …   Dictionary of contemporary English

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  • mad money — n. money to be spent in a frivolous fashion. □ This is my mad money, and I’ll do with it as I please. □ I got $100 in mad money for my birthday …   Dictionary of American slang and colloquial expressions

  • mad money — noun : carfare carried by a girl on a date to provide a means of escaping her escort in the event of unwanted familiarities; broadly : a small sum carried by a woman for emergency use * * * Informal. 1. a small sum of money carried or kept in… …   Useful english dictionary

  • mad money — mad′ mon ey n. 1) a sum of money kept for emergencies or minor purchases 2) inf carfare carried by a woman on a date to enable her to get home in case she and her escort quarrel • Etymology: 1920–25 …   From formal English to slang

  • mad money —  Money saved and spent on impulsive purchases …   American business jargon

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