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单词 hard currency
释义

hard currency


Thesaurus
Noun1.hard currency - 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"currency - the metal or paper medium of exchange that is presently used
2.hard currency - money in the form of bills or coinshard currency - money in the form of bills or coins; "there is a desperate shortage of hard cash"cash, hard cashcurrency - the metal or paper medium of exchange that is presently usedchange - money received in return for its equivalent in a larger denomination or a different currency; "he got change for a twenty and used it to pay the taxi driver"change - the balance of money received when the amount you tender is greater than the amount due; "I paid with a twenty and pocketed the change"chickenfeed, chump change, small change - a trifling sum of moneypin money, pocket money, spending money - cash for day-to-day spending on incidental expensescold cash, ready cash, ready money - money in the form of cash that is readily available; "his wife was always a good source of ready cash"; "he paid cold cash for the TV set"
Translations
divulgazionemoneta solida

hard currency


Hard currency

A freely convertible currency that is not expected to depreciate in value in the foreseeable future.

Hard Currency

A currency that is issued by a politically and economically stable country and is therefore well-respected in FX trade. Large, international transactions are often settled in one hard currency or other. The market to buy and sell hard currencies is especially liquid, even by the standards of foreign exchange trading. The price of a hard currency often remains stable in the short-term. Examples of hard currencies include the U.S. dollar, the British pound, the euro, and the Japanese yen.

hard currency

a FOREIGN CURRENCY that is in strong demand, but in short supply on the FOREIGN EXCHANGE MARKET. This usually arises when a country is in persistent balance of payments surplus. Compare SOFT CURRENCY.

hard currency

a FOREIGN CURRENCY that is in strong demand but in short supply on the FOREIGN EXCHANGE MARKET.

Hard-currency status is usually associated with an economically strong country that is running a large surplus on its balance of payments; demand for the currency is high to finance purchases of its exports, but the supply of the currency is relatively limited because the amount of it being made available through the purchase of imports is much lower. Under a FLOATING EXCHANGE-RATE SYSTEM, however, the demand for, and supply of, the currency should be, in theory, brought into balance by an APPRECIATION of its EXCHANGE-RATE value. Compare SOFT CURRENCY.

hard currency


Related to hard currency: Soft currency
  • noun

Synonyms for hard currency

noun a currency that is not likely to depreciate suddenly in value

Related Words

  • currency

noun money in the form of bills or coins

Synonyms

  • cash
  • hard cash

Related Words

  • currency
  • change
  • chickenfeed
  • chump change
  • small change
  • pin money
  • pocket money
  • spending money
  • cold cash
  • ready cash
  • ready money
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更新时间:2025/2/6 15:07:57