| 单词 | hot money |
| 释义 | hot money 1) Money that moves at short notice from one financial centre to another in search of the highest short-term interest rates, for the purposes of arbitrage, or because its owners are apprehensive of some political intervention in the money market, such as a devaluation. Hot money can influence a country's balance of payments. 2) Money that has been acquired dishonestly and must therefore be untraceable. |
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