hard currencies

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• Hard currency — or strong currency, in economics, refers to a globally traded currency that can serve as a reliable and stable store of value. Factors contributing to a currency s hard status can include political stability, low inflation, consistent monetary… …   Wikipedia

• hard currency — hard currencies N VAR A hard currency is one which is unlikely to lose its value and so is considered to be a good one to have or to invest in. The government is running short of hard currency to pay for imports …   English dictionary

• hard currency — A currency that is commonly accepted throughout the world; they are usually those of the Western industrialized countries although other currencies have achieved this status, especially within regional trading blocs. Holdings of hard currency are …   Accounting dictionary

• hard currency — A currency that is commonly accepted throughout the world; they are usually those of the Western industrialized countries although other currencies have achieved this status, especially within regional trading blocs. Holdings of hard currency are …   Big dictionary of business and management

• Hard Currency — A currency, usually from a highly industrialized country, that is widely accepted around the world as a form of payment for goods and services. A hard currency is expected to remain relatively stable through a short period of time, and to be… …   Investment dictionary

• hard — [härd] adj. [ME < OE heard, akin to Ger hart < IE base * kar , hard > Gr karyon, nut, kratos, strength] 1. not easily dented, pierced, cut, or crushed; resistant to pressure; firm and unyielding to the touch; rigid; solid and compact 2.… …   English World dictionary

• Hard Asset — A tangible and physical item or object of worth that is owned by an individual or a corporation. In currency transactions, hard assets are synonymous with currencies that the public generally has faith in, such as the U.S. dollar or the euro. A… …   Investment dictionary

• hard currency — /hɑ:d kʌrənsi/ noun the currency of a country which has a strong economy, and which can be changed into other currencies easily ● to pay for imports in hard currency ● to sell raw materials to earn hard currency …   Marketing dictionary in english

• hard currency — /hɑ:d kʌrənsi/ noun the currency of a country which has a strong economy, and which can be changed into other currencies easily ● to pay for imports in hard currency ● to sell raw materials to earn hard currency Also called scarce currency (NOTE …   Dictionary of banking and finance

• hard currency — money that is backed by gold reserves and is readily convertible into foreign currencies. * * * …   Universalium

• hard money — noun Money backed by specie and easily convertible into foreign currencies …   Wiktionary