hard currency
noun [ C ]
MONEY, FINANCE ukusa currency that can easily be exchanged for others and that is accepted for international payments, because it is unlikely to go down in value:
The country became too dependent on earning hard currency through sales of oil, and suffered if there was a drop in energy prices.
Money from the fishing contracts are a vital source of hard currency.
hard currency earnings/reserves/revenues
See also
currency
Compare
soft currency