Hard money

1. Funding by a government or organization that is repetitive, rather than a one-time grant. Examples include ongoing government daycare subsidies or firms that pay annual scholarships to post-secondary students.

2. Describes gold/silver/platinum (bullion) coins. A government that uses a hard money policy backs the value of the currency it uses with a hard, tangible and lasting material that will retain its relative value over time.

Investopedia Says:
1. Governments and organizations prefer hard money because it provides a predictable stream of funds.

2. For example, in the early 1900s, the U.S. dollar was backed by the value of gold. Today, most countries use fiat money, which is made legal tender by government decree but has no intrinsic value of its own.

Related Links:
It's a part of everyone's life, and we all want it, but do you know how it gains value and how it is created? What Is Money?
Think the value of gold is unshakable? Read this chronicle of its rise and fall. The Gold Standard Revisited

1. currency in which there is widespread confidence. It is the currency of an economically and politically stable country, such as the U.S. Or Switzerland. Countries that have taken out loans in hard money generally must repay them in hard money.

2. Gold or coins, as contrasted with paper currency, which is considered soft money. Some hard-money enthusiasts advocate a return to the Gold Standard as a method of reducing inflation and promoting economic growth.

1. Currency in which there is widespread confidence; the currency of an economically and politically stable country, such as the United States or Switzerland; also called Hard Currency.

2. Gold or coins, as contrasted with paper currency, which is considered soft money; see also Hard Cash.

Hard money can refer to:

• Hard currency
• Hard money donations to candidates for political office
• Hard money currency policies
• Hard money loans

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