hot money
noun Informal.
funds transferred suddenly from one country to another chiefly to avoid depreciation in value or to take advantage of higher interest rates.
Words nearby hot money
hot line, hot link, hot mess, hot metal, hot mic, hot money, hot number, hot off the press, hot on, hot pack, hot pants
Origin of hot money
First recorded in 1925–30
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for hot money
hot money
noun
capital transferred from one financial centre to another seeking the highest interest rates or the best opportunity for short-term gain, esp from changes in exchange rates
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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