Question:

What does it mean to receive new money or new money?

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What does it mean to receive new money or new money?

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  1. New money can have a couple of different connotations.  A company receiving money from new investors would be considered new money.  A person who is newly rich is considered to have "new money" as compared to someone who is from a rich family that has inherited money for generations, that is considered "old money"

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