hard currency Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “hard currency” in the English Dictionary

(Definition of hard currency from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"hard currency" in Business English

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hard currencynoun [C]

uk   us   MONEY, FINANCE
a ​currency that can easily be ​exchanged for others and that is ​accepted for ​internationalpayments, because it is unlikely to go down in ​value: The country became too ​dependent on earning hard ​currency through ​sales of ​oil, and suffered if there was a ​drop in ​energyprices. Money from the fishing ​contracts are a vital source of hard ​currency. hard ​currencyearnings/​reserves/​revenues
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(Definition of hard currency from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “hard currency”
in Chinese (Simplified) 硬通货,硬性货币…
in Turkish sağlam para…
in Russian твердая валюта…
in Chinese (Traditional) 強勢貨幣…
in Polish twarda waluta…
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