What is ‘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).
Explaining ‘Hard Loan’
For example, a loan agreement between a Brazilian company and an Argentinean company where the debt is to be paid in U.S. dollars.
Further Reading
- Information: Hard and soft – academic.oup.com [PDF]
- Loan officer incentives and the limits of hard information – www.nber.org [PDF]
- Korea's search for a global role between hard economic interests and soft power – link.springer.com [PDF]
- Micro-finance evangelism,'destitute women', and the hard selling of a new anti-poverty formula – www.tandfonline.com [PDF]
- Graduate employability,'soft skills' versus 'hard'business knowledge: A European study – www.tandfonline.com [PDF]
- Soft capitalism and a hard industry: Virtualism, the 'transition industry'and the restructuring of the Ukrainian coal industry – rgs-ibg.onlinelibrary.wiley.com [PDF]
- Between a rock and a hard place: Organizational change and performance under conditions of fundamental environmental transformation – www.jstor.org [PDF]
- Loan origination under soft-and hard-information lending – www.econstor.eu [PDF]
