hard money
Specie, not paper
Hard money refers to currency backed by physical assets like gold or silver, as opposed to fiat money backed only by government authority.
In politics, hard money means campaign contributions made directly to candidates, subject to legal limits and disclosure requirements—contrasted with soft money given to parties for general purposes.
In real estate, a hard money loan comes from private lenders rather than banks, typically at higher interest rates with shorter terms, often used when traditional financing isn't available: We got a hard money loan to flip the house quickly.
Element seventy-nine
- silverLustrous white precious metal
- bullionPrecious metal in bulk
- specieMoney in metal form
- coinStamped metal currency
precious metals · gold standard · intrinsic value · coinage · backing · convertibility · reserves · treasury
Money given to candidates
- donationVoluntary charitable gift
- FECCampaign finance overseer
- fundraisingSoliciting money for organizations
- contribution limitMaximum permitted donation amount
federal election · disclosure · donor · candidate · PAC · bundling · campaign finance · election law
Non-institutional borrowed money
- real estateLand and its structures
- collateralSecurity for debt
- asset-basedSecured by possessions
- bridge loanTemporary financing between transactions
short-term · high interest · property investment · points · loan-to-value · foreclosure · equity · appraisal
gold
Element seventy-nine
coin · precious metals · gold standard · intrinsic value · coinage · backing · convertibility · reserves · treasury · mint
campaign contribution
Money given to candidates
- donationVoluntary charitable gift
- FECCampaign finance overseer
- fundraisingSoliciting money for organizations
contribution limit · federal election · disclosure · donor · candidate · PAC · bundling · campaign finance · election law · compliance
private loan
Non-institutional borrowed money
- real estateLand and its structures
- collateralSecurity for debt
- asset-basedSecured by possessions
bridge loan · short-term · high interest · property investment · points · loan-to-value · foreclosure · equity · appraisal · underwriting
- loansloan, loans, lend, borrow, auto loans
- campaign financedonations, donation, contributions, contribution, donors
- Jacksonian EraAndrew Jackson, Democratic Party, spoils system, Indian Removal Act, Trail of Tears
- political jargonfilibuster, gerrymandering, caucus, pork barrel, lame duck
- Political Resourcesdonations, donors, funding, volunteers, votes
- Bank WarAndrew Jackson, Henry Clay, national bank, state banks, specie
hard moneyfiat money
Legal tender by decree
fiat currency · paper money · soft money · banknotes · paper currency
hard, money, hardness, moneyed, monetary, moneymaking, moneys, moneymaker, monetize