Money that is kept separate from your main savings to be used for fun or impulse purchases.
I use my mad money to buy small gifts.
She keeps a small amount of mad money for spontaneous shopping trips and fun outings.
Frequently Asked Questions
The phonetic transcription of "mad money" is /ˈmæd ˈmʌni/ in British English and /ˈmæd ˈmʌni/ in American English. Click the 🔊 button to hear both pronunciations.
Example usage of "mad money": "I use my mad money to buy small gifts.". More examples on the page.