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Hot one is the new slang term for a one dollar bill used mainly by African Americans(A.K.A. Blacks)
Black Guy 1: yo my nig wanna bounce ova to Roscos on 5th street and nab some chicken?
Black Guy 2: Naw dogg unless u can shoot me a hot one.

Black Guy: Yo dogg can i borrow a hot one?
White Guy: What???
Black guy: let me rephrase that...Excuse me friend may i borrow a dollar please?
White Guy: Sure why didnt you say so?
hot one by DJ_JD January 2, 2009
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My homie is doing time for a hot one
Hot one by LionsDen808 May 1, 2024

hot one in the chamber 

suddenly coming to the brink of having a bowel movement with immediate urgency
I quickly ran out of the Board meeting, down the hall to the closest bathroom as I had a hot one in the chamber which couldn't be contained for a second longer.

Rollin’ on the Hot One 

The act of starting or engaging in a much-anticipated activity.
Hey, we missed the last train to Timbuktu, but we can road trip there instead! Let’s get rollin’ on the hot one!

Shoot a hot one down her gullet 

A phrase used to denote ejaculating into/inside a girl's mouth and or throat.
Derek "Does she swallow?"

Barry "Yeah man, I shot a hot one down her gullet."

the hot one 

a teacher so hot that you dont even know her name you just know her by the hot one.
guy 1: dude have you seen ms lopez she looks hot today!!

guy 2: who?

guy 1: ms lopez, you know the hot one.

guy 2: oo yea she does look good.
the hot one by bone_630 June 1, 2009

caught with a hot one 

caught with a gun that's been used to murder or with a body
Don't want to get caught with a hot one in your trunk
caught with a hot one by Downerz December 9, 2008