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hot money

Translation of hot money in Spanish:

noun

uncountable
  • (Finance)
    Example sentences
    • Investors purchase shares on foreign stock markets or hold currency deposits at foreign banks, transferring large sums of hot money across frontiers as investor confidence or interest rates rise and fall.
    • At the same time, the spread of financial liberalization has exposed developing nations to the promise and perils of export strategies financed by hot money.
    • This editor firmly believes that exchange controls of some kind are often if not always useful for preventing hot money from destabilizing international financial markets.

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    Word of the day doofus
    Pronunciation: ˈduːfʌs
    noun
    a stupid person
    Cultural fact of the day

    onces

    In some Andean countries, particularly Chile, onces is a light meal eaten between five and six p.m., the equivalent of "afternoon tea" in Britain. In Colombia, on the other hand, onces is a light snack eaten between breakfast and lunch. It is also known as mediasnueves.