In economics, a policy in which the authorities insist on some permanent, precise guarantee of the value of the local currency to some other thing: a unit measure of gold, the US dollar, the euro, or the pound. Historically, the US dollar had a hard peg to gold from 1946 to 1971, while other currencies in the developed world had a hard peg to the US dollar. Since 1971, most of the world's money is in floating currency (whose relative value is set by the free market).
Nonetheless, advocates of hard pegs frequently downplay the ... difficulties of establishing greater nominal flexibility in fiscal spending and wages...
by abu yahya June 24, 2008
Get the hard peg mug.Refers to the attractiveness rating scale of 1-10. "10" being the rating and "hard" designating that the person being rated is solidly, without doubt deserving of that rating. Hard can be used as the prefix to any of the 1-10 numbers. Its opposite being "soft 10"
by ajs11 December 1, 2013
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The hidden purpose of all female fashion and the "beauty industry" that supports it -- namely, to help to generate male erections. Sometimes abbreviated to "the H.O. Factor," it is what some feminists treat with disdain and attempt to subvert by refusing to wear make-up. Every fashion designer, male or female, recognizes its importance, however, as, instinctively, do all heterosexual women.
She: I looooooove the new Chloe collection, especially those floor-length dresses and baggy blouses with long sleeves!
He: But they completely lack the H.O. Factor.
She: The whaaaat??
He: The Hard-On Factor: they are absolutely NOT arousing ... not even a twitch ....
He: But they completely lack the H.O. Factor.
She: The whaaaat??
He: The Hard-On Factor: they are absolutely NOT arousing ... not even a twitch ....
by ring-tailed roarer September 10, 2009
Get the Hard-On Factor mug.by The Walrus 7373/ Ginger Lariat June 28, 2011
Get the Hard Honda mug.When a 30 year old looks like he/she is 60. Usually from excessive alcohol, drugs, or sun/tanning bed.
by xanderak August 19, 2018
Get the hard 30 mug.by rainbowswirly5908 July 8, 2016
Get the hard sex mug.A negative term for a release by an electronic musician, indicating that it is of mediocre quality. The word refers to the fact that many electronic musicians keep unreleased demos on their hard drives, and suggests that a new release is little more than a "dump" of some older, inferior tracks. The accusation is often used in the case of albums that appear to have been released in a hurry, as a stop-gap, or to fulfill a contractual obligation.
When Aphex Twin released the double-album Drukqs in 2001, many critics, noticing the varying quality and uneven sequencing of the release, accused him of putting out a hard drive dump to fulfill contractual obligations with Warp Records. Others hailed it as his masterpiece.
by bocuma January 11, 2008
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