Hard money
Gold, silver, or platinum (bullion) coins. Governments will use a "hard money policy" in order to back the value of a currency with lasting materials that retain their value over time, such as a central bank holding Gold to back its currency.

Browse by Subjects

Popular Forex Terms

abnormal loss
Direct Quote
registered trademark
bank borrowings
tax loss carry back
physical inventory
statute book
administered price
unsecured creditor