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Glossary   >   H   >   "Hard currency" Definition            Hard currency A freely convertible currency that is not expected to depreciate in value in the foreseeable future. A currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Hard currency \ A freely convertible currency that is not expected to depreciate in value in the foreseeable future.

A currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc.