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Definition of hard currency noun from the Oxford Advanced Learner's Dictionary

hard currency

noun
 
/ˌhɑːd ˈkʌrənsi/
 
/ˌhɑːrd ˈkɜːrənsi/
[uncountable, countable]
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  1. money that is easy to exchange for money from another country, because it is not likely to lose its value
    • The hotel insisted that we pay in hard currency.
    • Trade was halted because of a hard currency shortage on the island.
    Topics Moneyc2
See hard currency in the Oxford Advanced American Dictionary
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