Definition

Criminal slang for stolen goods that are still traceable and therefore dangerous to possess or sell. Merchandise is "hot" when it's fresh off the theft, easily identifiable, and likely to attract unwanted law enforcement attention. The temperature metaphor perfectly captures the risky, handle-with-care nature of recently pilfered items.

Example Usage

I wouldn't buy that laptop from him—it's definitely hot, and you don't want to get caught with stolen property.

Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=HOT&defid=20284)

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