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hard currency

   Also found in: Financial, Wikipedia, Hutchinson 0.09 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
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 currencyhard currency - money in the form of bills or coins; "there is a desperate shortage of hard cash"
currency - the metal or paper medium of exchange that is presently used
change - 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 money
pin money, pocket money, spending money - cash for day-to-day spending on incidental expenses
cold 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"

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The money now regularly surpasses traditional foreign direct investment and long ago left tourism in the dust as a generator of hard currency.
The ability to boost military spending is a fnnction of being 'prosperous,'" continues Hawkins, "and the massive American trade deficit with China gives Beijing the hard currency needed to finance foreign weapon acquisitions--mostly Russian systems designed to attack American targets.
Thus, he explained, the only way for Syrians to obtain hard currency is by exporting Syrian labor to Lebanon.
 
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