hard currency

1 definition found

hard currency - WordNet (r) 2.1 (2005) :

  hard currency
      n 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"
      2: money in the form of bills or coins; "there is a desperate
         shortage of hard cash" [syn: cash, hard cash, hard   currency
         ]