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  1. The phrase “mad money” has been used for decades to refer to a small amount of cash that someone carries with them in case of an emergency or unexpected situation. However, the origins and historical context of this idiom are not widely known.

  2. Mad money definition: a small sum of money carried or kept in reserve for minor expenses, emergencies, or impulse purchases.. See examples of MAD MONEY used in a sentence.

  3. noun. 1. a very large amount of money. 2. a sum of money available for inessential or impulse purchases. 3. old-fashioned. a small sum of money carried on a date to ensure a person is able to get home independently. Most material © 2005, 1997, 1991 by Penguin Random House LLC.

  4. Mad Money Definition. A small amount of money carried by a woman for emergencies, as on a date to enable her to get home alone if she wishes. A small sum of money kept for unlikely contingencies. Money saved for minor purchases, often specif. for spending frivolously.

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

  6. Mad money is a slang term for a small sum of money kept for unlikely contingencies or minor purchases. Learn the origin, usage and synonyms of this phrase from various dictionaries and sources.