What is the meaning of the word "hard currency"?
Definitions:
-
a currency that is not likely to depreciate suddenly in value
noun
- The countries agreed to conduct their bilateral trade in hard currency, replacing previous barter arrangements.
- The countries agreed to conduct their bilateral trade in hard currency, replacing previous barter arrangements.
-
money in the form of bills or coins
noun
- We need to get some hard currency since this restaurant does not accept cards.
- We need to get some hard currency since this restaurant does not accept cards.