Hard Loan
A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency).

Investopedia Says:
For example, a loan agreement between a Brazilian company and an Argentinean company where the debt is to be paid in U.S. dollars.

Related Terms:
Hard Currency
Hard Money
Soft Currency
Soft Money

• Asset Management
• Asset Management Company (AMC)
• Asset Management Company (AMC)
• Asset-or-Nothing Call Option
• Asset-or-Nothing Put Option
• Asset Performance
• Asset Play
• Asset Quality Rating
• Asset Redeployment
• Asset Size
• Asset Stripper
• Asset Stripping
• Assets Under Management (AUM)
• Assets Under Management (AUM)
• Asset Swap
• Asset Swapped Convertible Option Transaction (ASCOT)
• Asset Swapped Convertible Option Transaction (ASCOT)
• Asset Turnover
• Asset Valuation
• Assign
• Assignable Contract
• Assignment
• Assignment Of Proceeds
• Assignment Of Trade
• Assimilation