Soft currency

Definition:

The money of a country that is expected to drop in value relative to other currencies.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax-neutrality

Characteristic that taxes do not interfere with the natural flow of capital toward its most productive use.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio