hard currency
noun /ˌhɑːd ˈkʌrənsi/
/ˌhɑːrd ˈkɜːrənsi/
[uncountable, countable]- 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.