Meaning of the word "hard currency" in English
What does "hard currency" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
hard currency
US /ˈhɑːrd ˈkɜːr.ən.si/
UK /ˈhɑːd ˈkʌr.ən.si/
Noun
a currency, typically from a highly developed country, that is widely accepted around the world as a form of payment for goods and services and is characterized by its stability and liquidity
Example:
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The US dollar is considered a hard currency due to its global acceptance and stability.
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Many international transactions are settled using hard currency.