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    3. fun money»

    Definition of fun money

    Dictionary of Finance and Investment Terms: fun money
    fun money

    money that is not necessary for everyday living expenses, and can therefore be risked in volatile, but potentially highly profitable, investments. If the investment pans out, the investor has had some fun speculating. If the investment turns sour, the investor's lifestyle has not been put at risk because he or she could afford to lose the money.

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