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2 unusual facts about Hard money


Hard money

Hard currency, globally traded currency that can serve as a reliable and stable store of value

Hard money loans, an asset-based loan financing secured by the value of a parcel of real estate


Non-conforming loan

Hard Money A similar type of commercial loan based on real estate

United States Note

The United States Congress had enacted the Legal Tender Acts during the U.S. Civil War when southern Democrats were absent from the Congress, and thus their Jacksonian hard money views were under represented.


see also

Peru, Massachusetts

Originally named for Oliver Partridge, one of the three purchasers of the town (along with Governor Francis Bernard), the name was officially changed to Peru in 1806, on the suggestion of the Rev. John Leland, "because it is like the Peru of South America, a mountain town, and if no gold or silver mines are under her rocks, she favors hard money and begins with a P."