Hard Assets
According to a business website, Investopedia.com, a hard asset is a ‘tangible and physical item or object of worth that is owned by an individual or a corporation’. In other words, hard assets are those that include cash, buildings, and other assets that are tangible. In particular, hard assets are useful considering their value, which can then be utilised for production or purchase of several other goods, products and services.
the hard assets that I have…
Moreover, hard assets would also usually mean the currencies of the money the public is using. These include the US Dollar and the Euro. This is specifically applicable to currency transactions.