soft money

English

Noun

soft money (usually uncountable, plural soft moneys)

1. (economics) A currency not fully backed by specie.
2. (US, politics) Funds contributed to political parties for activities intended to influence state or local elections.
3. Academic funds that are irregular or unexpected, such as donations.

   Antonym: hard money

See also

• (political funds): dark money
• (not fully backed currency): fiat money
• (not fully backed currency): hard money