hot monies

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.

Origin:
1925–30

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
hot money
 
n
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 10th Edition
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