Definition of soft currency in English:

soft currency

noun

  • 1Currency, or a currency, in the form of banknotes, bills, etc., as opposed to coins; paper currency. Later also: unsecured paper credit as opposed to coins, banknotes, or other objects or documents viewed as having exchangeable value.

  • 2A currency which is not convertible into other currencies, or whose price in terms of other currencies is expected to fall.

Pronunciation

soft currency

/ˌsɒf(t) ˈkʌrənsi/ /ˌsɒf(t) ˈkʌr(ə)nsi/

Origin

Mid 19th century. From soft + currency.