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
See also
(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…
What is the pronunciation of hard currency?
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