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soft currency

Slang definitions & phrases for soft currency

soft money

noun phrase
  1. Currency that is highly inflated or likely to become less and less valuable: During the first two months of this year, soft money contributions, chiefly from industry, flowed into the coffers of the Republican National Committee (1940+)
  2. Campaign donations that are not regulated by the Federal Election Commission: raising millions of dollars of what is known in election-financing language as ''soft money''/ Clinton is behind in the collection of soft money, funds that are supposed to go for ''party-building activities'' but can make a big difference in a Presidential contest (1980s+ Politics)
  3. Money from research grants, which may run out if the grant is not renewed (1976+ Universities)

[modeled on hard money]


The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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