Old money is "the inherited wealth of established upper-class families (i.e. gentry, patriciate)" or "a person, family, or lineage possessing inherited wealth." The term typically describes a class of the rich, who have been able to maintain their wealth across multiple generations.
Read more about Old Money: United States, Europe, Effects of World War II
Famous quotes containing the word money:
“There are a thousand hacking at the branches of evil to one who is striking at the root, and it may be that he who bestows the largest amount of time and money on the needy is doing the most by his mode of life to produce that misery which he strives in vain to relieve.”
—Henry David Thoreau (1817–1862)