Words / H / Business

hot money

noun/hɒt ˈmʌni/

C1CEFR level
60/100Rarity: rare
TechnicalRegister

Volatile short-term capital that chases yield and flees at the first hint of trouble.

Hot money propped up the peg right until sentiment turned and it all rushed out.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics