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Definitions from the Web

Term: Hard Money

Definition:

As a noun, hard money refers to physical currency, usually in the form of coins or bills, made of metal or paper and issued by the government or a central bank. It is a medium of exchange and legal tender, typically used in transactions for goods and services.

As a noun, hard money can also refer to funding or loans that are backed by tangible assets, such as real estate. Hard money loans are usually provided by private individuals or organizations and often have higher interest rates compared to traditional bank loans.

As an adjective, hard money describes a financial policy or system where the value of the currency is directly linked to a physical commodity, such as gold or silver, as opposed to a fiat currency backed by confidence in the government.

Examples:

Noun - Currency:

• When the ATM ran out of bills, I had to pay for my coffee with hard money from my pocket.
• The street performer collected a hat full of hard money from passersby.

Noun - Loans:

• The real estate investor secured a hard money loan to purchase the fixer-upper property.
• Due to his poor credit history, John had to resort to hard money lending for his business venture.

Adjective - Financial Policy:

• During economic turmoil, some countries adopt hard money approaches to regain stability.
• Investors turned to hard money assets like gold and silver as a safe haven during the financial crisis.

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• Hard Money Currency on Amazon
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• Hard Money Financial System on Amazon