hard money
"Hard money" can refer to stable, asset-backed currency, regulated political contributions, or specific types of loans.
Definition
C1Economics
(technical)Currency backed by a tangible asset like gold or silver, ensuring its value remains stable.
Example
- Many countries abandoned hard money systems in favor of fiat currency.
B2Politics
(formal)Regulated contributions made directly to a political candidate or campaign, subject to legal limits and disclosure.
Example
- The candidate's campaign relied heavily on hard money donations.
C1Finance
(technical)Loans secured by real estate or other tangible assets, often characterized by higher interest rates and shorter terms.
Example
- Real estate investors often use hard money loans for quick financing.
C1Academia
(formal)Consistent and stable funding provided by government or institutions, as opposed to competitive grants.
Example
- Professors often seek hard money to ensure steady research funding.
Similar
Terms that have similar or relatively close meanings to "hard money":
soft moneyhot moneybig moneysound moneyhard countercold hard cashnew moneyhard rhard powerfront money