- 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
Example Sentences Including 'hot money'
"There's some hot money that washes in and out of the market with the stroke of a computer key," Fitzpatrick said.
The hot money is on HRH getting his rocks off on the first night.
Glasgow Herald (2001)
The model -who was in court yesterday to see Michael sentenced -had admitted making 31 trips to Europe carrying hot money.
Sun, News of the World (2001)
The speed with which the money can move is so rapid that funds moved between banks and bank offices has been called ` hot money.
International Finance: The markets and financial management of multinational business.
Wamsteker believes such offerings are attracting `` hot money ' which will quickly follow the next bank's market-busting rate.
The Australian (2005)
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