hard loan
noun[C]
FINANCEukusaloanthat is made to agovernmentorcompanyin anothercountryand that must bepaidback inhardcurrency
See also
loan
Compare
soft loan
Examplesofhard loan
hard loan
This contrasts with ahardloan, which has to be paid back in an agreed hard currency, usually of a country with a stable robust economy.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.I want great care to be taken to ensure that we have hard loans available for projects which can carry the repayments even in quite small territories.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There is room in nearly every territory for quite hard loans for specific projects which can be expected to carry the servicing of a loan within a short time.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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