hard currency

noun

: money that comes from a country with a strong government and economy and that is not likely to lose its value

Examples of hard currency in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Back in our home in Denmark, a family friend helped translate all these original sources — paid for in hard currency: Czechoslovian beer from Bohemia. Ulrik Juul Christensen, Forbes, 30 Sep. 2024 Cuban banks have very limited amounts of hard currency to exchange and many companies around the world avoid using Cuban banks, because of the U.S. embargo. Orlando Matos, NBC News, 4 Sep. 2024 Yet in dysfunctional economies such as Argentina and Turkey, beset by hyperinflation and a shortage of hard currency, tether is also a lifeline for people. Brady Dale, Axios, 12 Sep. 2024 Both of them rely on their foreign-residing nationals for access to hard currency. Washington Post Live, Washington Post, 22 July 2024 See all Example Sentences for hard currency 

Dictionary Entries Near hard currency

Cite this Entry

“Hard currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hard%20currency. Accessed 26 Nov. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!