hot money

/HH AA1 T M AH0 N IY0/
noun
  1. 1

    Money, or other financial instruments, that move(s) regularly between different markets in search of the best interest rates

  2. 2

    Stolen currency that can be easily traced via serial numbers

  3. 3

    The largest total of money staked on a race etc

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

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Source: https://en.wiktionary.org/wiki/hot%20money

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