fiat money - definition. What is fiat money
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Fiat money         
  • Song Dynasty ''Jiaozi,'' the world's earliest paper money.
CURRENCY ESTABLISHED AS MONEY BY GOVERNMENT REGULATION OR LAW
Fiduciary currency; Fiduciary money; Funny Money (the money); Government created money; Fiat currancy; National currency; Fiat currency; Fiat money (Template); Fiat currencies; Flat money; Fiat coin
Fiat money (from , "let it be done") is a type of currency that is not backed by any commodity such as gold or silver. It is typically declared by a decree from the government to be legal tender.
fiat money         
  • Song Dynasty ''Jiaozi,'' the world's earliest paper money.
CURRENCY ESTABLISHED AS MONEY BY GOVERNMENT REGULATION OR LAW
Fiduciary currency; Fiduciary money; Funny Money (the money); Government created money; Fiat currancy; National currency; Fiat currency; Fiat money (Template); Fiat currencies; Flat money; Fiat coin
¦ noun inconvertible paper money made legal tender by a government fiat.
fiat         
  • Fiat Punto
  • Fiat Uno, specifically developed for the Brazilian market
  • Fiat Panda Cross
  • Fiat 500X
  • Fiat 500]].
  • Global locations of Fiat Automobiles dealers, 2012
  • [[Fiat Viaggio]]
  • A 1899 FIAT advertisement
AUTOMOTIVE AND AIRCRAFT BRAND MANUFACTURING SUBSIDIARY OF FCA ITALY
FIAT; Fix it again Tony; Micro-Vett SPA; Fiat Marylebone; Fiat Automóveis; Fiat Automobiles S.p.A.; Fiat automobiles; Fiat (automobiles); Fiat Automobiles; Fiat.com; Fix It Again Tony
(fiats)
If something is done by fiat, it is done because of an official order given by someone in authority. (FORMAL)
He has tried to impose solutions to the country's problems by fiat.
N-COUNT: also by N
أمثلة من مجموعة نصية لـ٪ 1
1. For the first time the whole world was operating what economists call pure fiat money.
2. Fiat money thus severed one of the most durable links between man and nature and gave governments and the central bankers whom they appointed the freedom to manage their economies without regard to external forces and to create standards of value that philosophers and economists had previously ascribed to God.