- hard
- hard hard [hɑːd ǁ hɑːrd] adjective1. hard facts/numbers information based on things that can be measured, rather than feelings or opinions:
• Investors are again showing respect for hard numbers like quarterly earnings.
• We have to separate the myths from the hard facts.
2. ECONOMICS a hard market is one in which there is less competition and higher prices or rates:• To be successful in a hard market, producers must devote more time than ever to cultivating relationships with clients.
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hard UK US /hɑːd/ adjective► [before noun] used to describe information that can be proved: hard facts/figures/numbers »There are no hard numbers on viewership levels.
»The report documented hard evidence of problems at the refinery, including long overdue or bypassed inspections.
► [usually before noun] FINANCE, INSURANCE used to describe a market in which prices are high: »The best time to market for new business that will carry you through a soft market is when the market is hard.
»Many experts expect the hard market to last for at least 18 months, allowing the company to boost margins by more than 10 per cent.
Financial and business terms. 2012.