Meaning of “hard currency” in the English Dictionary

business-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 ]


a currency that can easily be exchanged for others and that is accepted for international payments, 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 energy prices.
Money from the fishing contracts are a vital source of hard currency.

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(Definition of “hard currency” from the Cambridge Business English Dictionary © Cambridge University Press)