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Noun: hard currency  haa(r)d 'kú-run(t)-see
  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
    - cash, hard cash

Derived forms: hard currencies

Type of: currency

Encyclopedia: Hard currency

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