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LSDefine

Simple English definitions for legal terms

hard currency

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A quick definition of hard currency:

Hard currency refers to money that is backed by reserves, such as gold or silver. This type of currency is considered stable and reliable, and is often used for international trade. In contrast, soft currency is not backed by reserves and can be subject to sudden changes in value. Other types of currency include national currency, which is approved by a government and used as a medium of exchange within a country, and blocked currency, which is restricted to use within a specific location.

A more thorough explanation:

Definition: Hard currency is a type of currency that is backed by reserves, such as gold or silver reserves. It is considered a stable and reliable form of currency.

Examples: The US dollar, the Euro, and the Japanese yen are all examples of hard currency.

Explanation: Hard currency is often used in international trade and finance because it is widely accepted and has a stable value. Countries with hard currency are seen as more financially stable and trustworthy. For example, if a company in the United States wants to do business with a company in Japan, they may prefer to use hard currency like the yen instead of a soft currency that may be subject to fluctuations in value.

hard case | hard dollars

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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