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English definition of “hot money”

hot money

noun [U]
 
 
FINANCE money that is moved, for example, from one bank or country to another, to make a profit from high interest or exchange rates: Wouldn't the hot money attracted by high rates be moved when these rates fell?
FINANCE money that can be easily identified if it is stolen, for example, bank notes that have a mark on them: The hot money contained new bills with consecutive serial numbers.
informal what people who know a lot about a subject think will happen: But the hot money is on rates going up again next month..
(Definition of hot money from the Cambridge Business English Dictionary © Cambridge University Press)
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