What is Hot Money?

Legal Definition
In economics, hot money is the flow of funds (or capital) from one country to another in order to earn a short-term profit on interest rate differences and/or anticipated exchange rate shifts. These speculative capital flows are called 'hot money' because they can move very quickly in and out of markets, potentially leading to market instability.
-- Wikipedia
Legal Definition
1. AKA discretionary income. 2. A short term capital that moves with little notice to another country for more profit. Massive sums are transfered into a profit friendly economy causing a false success. It can be withdrawn overnight causing collapse. 3. M