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Glossary > H > "Hard Loan" Definition

Hard Loan

A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency).

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Hard Loan \ A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency).

Hard Loan / a foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency).