hot money n.— «Rather than simply wooing local customers, they have turned to out-of-state brokers who deliver billions of dollars in bulk deposits, widely known as “hot money,” from investors nationwide. In fast-growing regions like this...
flight to cash n.— «Isn’t it odd that when a financial crises threatens to get underway today hot money rushes to turn just about everything into fiat paper dollars? In something that has come to be called a “flight to cash,” for a little...