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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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    Cultural fact of the day

    comarca

    In Spain, a geographical, social, and culturally homogeneous region, with a clear natural or administrative demarcation is called a comarca. Comarcas are normally smaller than regiones. They are often famous for some reason, for example Ampurdán (Catalonia) for its wines, or La Mancha (Castile) for its cheeses.