Difference Between Hard Money and Soft Money
Main DifferenceThe main difference between hard money and soft money is that hard money is the loan that is used for specific needs, whereas soft money is borrowed with no specific intention.
Hard Money Vs. Soft MoneyHard and soft money is used to refer to paper money or coin money. They also refer to contributions that all politicians welcome with open arms during an election cycle. Hard money is the loan that is used for specific needs and with criteria for paying it back, whereas, soft money is the loan without any specific intention or use.