Soft
From ACT Wiki
1. Markets.
A market is generally said to be soft if prices in the market are falling.
An economy is said to be soft when demand is low.
2. Skills.
Softer skills include behavioural and business skills, but not technical skills.
3. Metrics and measurement.
Soft - or softer - measures are ones which cannot readily be quantified or expressed as a calculated financial amount.
4. Commodities.
Soft commodities include agricultural products.
5. Currencies.
Soft currencies are ones in which investors have relatively less confidence.
6. Investor protection.
Soft protection is a relatively weaker, or limited, form of protection for investors.