hard currency
Any globally traded currency that serves as a reliable, stable, and easily…Any globally traded currency that serves as a reliable, stable, and easily exchangeable store of value (regarding foreign exchange, and as contrasted with a currency not well trusted regarding inflation and hyperinflation); traditionally, such a currency that is not a cryptocurrency.
» Tourism is the second-largest source of hard currency earnings following remittances.
Meaning
1 senses(countable, uncountable)Any globally traded currency that serves as a reliable, stable, and easily exchangeable store of value (regarding foreign exchange, and as contrasted with a currency not well trusted regarding inflation and hyperinflation); traditionally, such a currency that is not a cryptocurrency.
твёрдая валю́таtvjórdaja valjúta, свобо́дно конверти́руемая валю́таsvobódno konvertírujemaja valjúta
- a currency that is not likely to depreciate suddenly in value
- money in the form of bills or coins
Examples
2 sentencesTourism is the second-largest source of hard currency earnings following remittances.
The European debt crisis led some to question the status of the Euro as a hard currency.
Translations
4 languagesBy meaning 1
Forms
plural: hard currencies| Singular | hard currency |
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| Plural | hard currencies |
regular
Synonyms
2 synonymsWord family
4 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable