noun
money that is obtained through a loan secured by a physical asset or collateral
adjective
difficult to earn or acquire
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Hard money refers to funds that are acquired through a direct loan rather than through a traditional mortgage from a financial institution.
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I had to borrow hard money from my friend to cover the unexpected expenses.
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I'm running low on cash, do you think you could lend me some hard money?
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In politics, candidates often rely on hard money to fund their campaigns and gain support.