money tree noun7 •An imaginary tree from which money can be plucked. See money doesn't grow on trees.Maybe we could learn how to grow money trees. — 1967 •The jade plant, Crassula ovata. •The Malabar chestnut, Pachira aquatica. •(US) A miniature tree sculpture decorated with currency, often used as a raffle prize or a gift.NIAIN′s one money making project of the year, a money tree, was raffled off and won by Virginia Call of Bell and Howell. — 1972 •(Australia) A cheap tree sculpture, decorated with currency, used as a raffle prize because it would be illegal to offer a cash prize. •A kind of holy tree believed to bring money and good fortune. •The cocoa tree, Theobroma cacao. formsmoney trees