hot money Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “hot money” in the English Dictionary

"hot money" in Business English

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hot moneynoun [U]

uk   us  
FINANCE money that is ​moved, for ​example, from one ​bank or country to another, to make a ​profit from high ​interest or exchangerates: Wouldn't the hot ​moneyattracted by high ​rates be ​moved when these ​ratesfell?
FINANCE money that can be easily ​identified if it is ​stolen, for ​example, ​banknotes that have a ​mark on them: The hot ​money contained new ​bills with ​consecutiveserialnumbers.
informal what ​people who know a lot about a ​subjectthink will ​happen: But the hot ​money is onrates going up again next month..
(Definition of hot money from the Cambridge Business English Dictionary © Cambridge University Press)
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“hot money” in Business English

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