Hard Currency definition

Hard Currency means currencies of economically developed and politically stable countries that are OECD members.
Hard Currency means any of the lawful currencies of Canada, Japan, the United Kingdom and the United States of America and the Euro (and any successor currency to any such currency).
Hard Currency means currencies of economically devel- oped and politically stable countries that are OECD mem- bers.

Examples of Hard Currency in a sentence

  • Realizing that EADs are almost automatically approved, many individuals who only want employment authorization file green card applications simply to obtain the interim benefits rather than from a genuine desire to be a lawful immigrant.39 A robust screening process, wherein USCIS reviews basic eligibility requirements before accepting green card applications, would result in the rejection of such fraudulent or frivolous applications.

  • These overall results are available in Appendix Table 3.6. Hard currency debt flows respond more to these tightening (unexpected) announcements than the local currency debt flows.

  • Hard currency can be purchased through the black market, but only at a significant premium.

  • Hard currency debt advanced 5.64%, mainly driven by the rally in US Treasury yields, which fell to multi-year lows in the period.

  • Hard currency sovereign spreads widened 275 bps to end the period at 626 bps over US Treasuries, while high yield spreads ended the period just inside of 1,100 bps, pricing in significant default risk.

  • Hard currency deposits, such as they exist, are officially managed by a hard currency oversight board, comprising representatives of the Ministry of National Development, the Ministry of Finance, the Bank of Eritrea, the Commercial Bank of Eritrea and the Director of the PFDJ Economic Affairs Department, Hagos Gebrehiwot (also known as Hagos “Kisha”).

  • Shortage of Hard currency and None-convertibility of local currency to Hard Currency Due to shortage of hard currency and continued trade deficits, the local currency (Kyat) is not convertible for hard currency for investors and exchange rate had been depreciated continuously for the past decades and expected to depreciate further in the future.

  • The characteristic time of temperature relaxation was assumed to be equal to 200 s.

  • Hard currency traffic remained virtually closed, but Hun- garian citizens were entitled every three years to buy hard currency supposedly enough to finance a two to three week trip to the West, even if in very modest circum- stances.

  • We decided to use these concepts in this paper.• Soft currency - this is a type of currency that is earned over time much faster.• Hard currency – this type of currency has a linear gain during all game time.


More Definitions of Hard Currency

Hard Currency means any a lawful currency of a G7 country.
Hard Currency means any lawful currency of a G7 country and Switzerland;
Hard Currency means any of the lawful currencies of Canada, the Federal Republic of Germany, Japan, the Republic of France, the Republic of Italy, the United Kingdom and the United States of America and the Euro (and any successor currency to any such currency).
Hard Currency means currencies of economically developed and politically stable countries that are OECD members. Emerg- ing markets in connection with this Sub-Fund are all countries other than Australia, Austria, Belgium, Canada, Denmark, Fin- land, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Luxembourg, Monaco, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom and the United States of America.
Hard Currency means money that is issued by a country that is viewed as politically and economically stable, for example US Dollars
Hard Currency means the United States dollar, Canadian dollar, Pound Sterling, Euro and Japanese Yen:

Related to Hard Currency

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • First Currency has the meaning specified in Section 1.15.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Second Currency has the meaning specified in Section 14.19.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Termination Currency means United States Dollars.

  • Settlement Currency means Pounds sterling ("GBP").

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Payment Currency has the meaning given in Clause 21.4;

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Other Currency has the meaning specified in Section 1.15.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • National Currency means the currency, other than the Euro, of a Participating Member State.