hard money
hard money
English Definitions:
hard money (Noun)
Money backed by specie and easily convertible into foreign currencies.
Hard money
Hard money policies support a specie standard, usually gold or silver, typically implemented with representative money. In 1836, when President Andrew Jackson's veto of the recharter of the Second Bank of the United States took effect, he issued the Specie Circular, an Executive order that all public lands had to be purchased with hard money.
hard money
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"hard money." Kamus.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.kamus.net/english/hard+money>.
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