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hard asset

 - 2 dictionary results

hard-as⋅set

[hahrd-as-et]
–adjective
denoting an asset with intrinsic value: diamonds and other hard-asset commodities.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

hard asset

See tangible asset.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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