- soft currency
- A *currency that is not widely accepted throughout the world. In contrast to a *hard currency, a soft currency is not freely convertible.
Auditor's dictionary. 2014.
soft currency
Look at other dictionaries:
Soft currency — indicates a type of currency whose value may depreciate rapidly or that is difficult to convert into other currencies. It is generally less desirable than hard currency to users. Soft currency can be in the form of paper, electronic or debt based … Wikipedia
soft currency — noun One unstable in value in the international money market through fluctuation in its gold backing • • • Main Entry: ↑soft * * * soft currency, a currency backed by government credit, but not entirely by gold or silver. Soft currency cannot be… … Useful english dictionary
soft currency — n [U and C] money of a particular country that may fall in value and is difficult to exchange for the money of a country that is economically stronger →↑hard currency … Dictionary of contemporary English
Soft currency — A currency that is expected to drop in value relative to other currencies. The New York Times Financial Glossary * * * soft currency soft currency ➔ currency * * * soft currency UK US noun [C] ► MONEY, FINANCE a currency that regularly goes down… … Financial and business terms
soft currency — The money of a country that is expected to drop in value relative to other currencies. Bloomberg Financial Dictionary * * * soft currency soft currency ➔ currency * * * soft currency UK US noun [C] ► MONEY, FINANCE a currency that regularly goes… … Financial and business terms
Soft Currency — A currency with a value that fluctuates as a result of the country s political or economic uncertainty. As a result of the of this currency s instability, foreign exchange dealers tend to avoid it. Also known as a weak currency . Currencies from… … Investment dictionary
soft currency — A currency that is not freely convertible and for which there is only a thin market. Compare: hard currency … Accounting dictionary
soft currency — A currency that is not freely convertible and for which there is only a thin market Compare hard currency … Big dictionary of business and management
soft currency — /sɒft kʌrənsi/ noun the currency of a country with a weak economy, which is cheap to buy and difficult to exchange for other currencies (NOTE: The opposite is hard currency.) … Dictionary of banking and finance
soft currency — unit of currency that has an unstable exchange rate … English contemporary dictionary
