Definition of hard currency in English:

hard currency

Line breaks: hard cur|rency

noun

[mass noun]
  • Currency that is not likely to depreciate suddenly or to fluctuate greatly in value.
    More example sentences
    • The government also announced that Cuban state companies would have to sell the central bank any hard currency received from exports or domestic sales.
    • The Iraqi official said the money taken amounted to a quarter of the Central Bank's hard currency reserves.
    • Their purpose is simple: to create a free trade environment conducive to the production of export goods in order to earn hard currency.

More definitions of hard currency

Definition of hard currency in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little