hard currency

hard currency
noun
1. a currency that is not likely to depreciate suddenly in value
-

the countries agreed to conduct their bilateral trade in hard currency, replacing previous barter arrangements

-

Germany once had a solid economy, good fiscal and monetary policies, and a hard currency

Hypernyms: ↑currency
2. money in the form of bills or coins
-

there is a desperate shortage of hard cash

Syn: ↑cash, ↑hard cash
Derivationally related forms: ↑cash (for: ↑cash)
Hypernyms: ↑currency
Hyponyms:

* * *

noun, pl ⋯ -cies [count, noncount]
: money that comes from a country with a strong government and economy and that is not likely to lose its value

* * *

ˌhard ˈcurrency [hard currency] noun uncountable, countable
money that is easy to exchange for money from another country, because it is not likely to lose its value

The hotel insisted that we pay in hard currency.

Trade was halted because of a hard currency shortage on the island.


Useful english dictionary. 2012.

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