Hot money is a term that is most commonly used in financial markets to refer to the flow of funds (or capital) from one country to another in order to earn a short-term profit on interest rate differences and/or anticipated exchange rate shifts. These speculative capital flows are called "hot money" because they can move very quickly in and out of markets, potentially leading to market instability.
Read more about Hot Money: Illustration of Hot Money Flows, Types of Hot Money, Estimates of Total Value, Sources and Causes, Impact, Control
Famous quotes containing the words hot and/or money:
“Too often when you thought you’d be showered with confetti
What they flung at you was a plate of hot spaghetti
You’ve put your fancy clothes and flashy gems in hock
Yet you pause before your father’s door afraid to knock”
—John Ashbery (b. 1927)
“...I’m not money hungry.... People who are rich want to be richer, but what’s the difference? You can’t take it with you. The toys get different, that’s all. The rich guys buy a football team, the poor guys buy a football. It’s all relative.”
—Martina Navratilova (b. 1956)