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:
“You are wonderful. I love and honor you.... [ellipsis in source] Lead your own life, attend to your charities, cultivate yourself, travel when you wish, bring up the children, run your house. I’ll give you all the freedom you wish and all the money I can but—leave me my business and politics.”
—Eleanor Roosevelt (1884–1962)