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Definition of '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"
  2. money in the form of bills or coins; "there is a desperate shortage of hard cash"
       Synonyms: cash hard cash


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