hot money

noun

Money, or other financial instruments, that moves regularly between different markets in search of the best interest rate.

“The hot money is on Fishface to win the 3:30.”

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Meanings

nounhot money (uncountable)
  1. slanguncountableeconomicsMoney, or other financial instruments, that moves regularly between different markets in search of the best interest rate.
  2. slanguncountableStolen currency.
  3. uncountablegamblingThe largest total of money staked on a race, etc.

    The hot money is on Fishface to win the 3:30.

Cite this entry
APA

hot money. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/hot%20money

MLA

“hot money.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/hot%20money. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “hot money,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/hot%20money.

Source: hot money on Wiktionary, CC BY-SA 4.0.