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new money

new money

14 4.8
People or families who recently became rich and show their wealth publicly
  • noun
  • /nuː ˈmʌni/
translation icon : nuevo rico
  • Increasingly, new money families are choosing to donate to local charities instead of traditional institutions.

It was purchasing a new Mercedes-Benz, new money, new money problems.

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Examples

  • Of that, $133 million in new money would go toward increasing audits.

    Academic text (2003)
  • Many artists are finding new clients among the growing number of new money individuals who are investing in contemporary art.

  • You make me look like new money.

  • Look at you, looking like new money!

  • The rivalry was pretty clear between old and new money, To the Manor Born.

    Blog text (32)
  • There's new money all over Asia.

  • Russell says the new money being brought into Iowa has great significance.

    Blog text (17)
  • Critics say that privatization has not yielded new money, and the resources are just reshuffled from other bureaucracies.

    Academic text (1990)
  • The new money creates insignificant benefits at best while frustrating adjustment and restricting pragmatic cooperation.

    Academic text (1996)
  • The gala attracted many young professionals who represented the new money trend in the city.

Synonyms

nouveau riche
vsnew money
  • Offensive
1 8.5

People who have recently become rich and often show their wealth

is the neutral term for people who gained wealth recently without judgment
nouveau-riche
vsnew money
  • Offensive
9.2

A person who recently became rich and shows wealth in a loud, not elegant way

is a neutral label for people with newly acquired wealth rather than inherited

Antonyms

Money or property you receive from family when they die

1 6.9

People from families who have been rich for many generations

Surface Forms

new money singular
new moneys plural

Morphology

new + money

The meaning is directly derivable from the constituents: 'new' (recent) + 'money' (wealth) yields 'recently acquired wealth' or people who have recently become wealthy. This is a straightforward adjective+noun composition common across languages and should be understandable to a B1 learner who knows both words.

Etymology

New money comes from the image of someone with new money who has just become rich and openly shows it with expensive cars and big houses, while older families with 'old money' keep their wealth quiet. So, new money means people who have recently become wealthy, not those with 'inherited' money.