hard currency
Noun
Meaning
money in the form of bills or coins
a currency that is not likely to depreciate suddenly in value
Source: WordNetSynonyms
Antonyms
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Examples
The People's Republic of China has not yet reached the military might of the Soviet Empire. It requires a little more time and a little more infusion of Western aid, loans, technology and the hard currency of our tourists.
there is a desperate shortage of hard cash
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
A shortage of hard currency ensued, causing the Panic of 1837 and lasting approximately seven years.
“But it was amplified to highlight the Axis of Resistance countries’ collective desire and determination to resort to China as an alternative to the United States and nations that deal in only hard currency, particularly the U.S. dollar.