hot money en · NOUN
Pronunciation
- (US) audio
Meanings
- (slang, uncountable) Money, or other financial instruments, that moves regularly between different markets in search of the best interest rate.
- (slang, uncountable) Stolen currency.
-
(uncountable) The largest total of money staked on a race, etc.
The hot money is on Fishface to win the 3:30.