Meaning Of The Word Fiat money

Real Dictionary

What's the definition of Fiat money? Find Fiat money meanings, definitions and more at the Real Dictionary online.

Fiat money Meaning

Fiat money Definition
Fiat money Definition

What's The Definition Of Fiat money?

fiat money in American English
currency made legal tender by fiat and neither backed by, nor necessarily convertible into, gold or silver
noun: paper currency made legal tender by a fiat of the government, but not based on or convertible into coin

fiat money in British English
noun: money declared by a government to be legal tender though it is not convertible into standard specie

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Curlyheads ‐ a shrubby clematis, Clematis ochroleuca, of the…
  • Saint Michael ‐ one of the archangels. Feast day: Sept 29 or Nov…
  • Transparent ‐ transmitting light rays so that objects on the…
  • Unbalance ‐ the condition of being unbalanced; imbalance…
  • Staphylococcus ‐ any of a genus (Staphylococcus) of spherical…
  • Adrenochrome ‐ a red biochemical, C9H9NO3, oxidized from epinephrine…
  • Cantion ‐ noun: a song
  • Archconservative ‐ adjective: consistently holding extremely conservative…
  • Grandfatherly ‐ of a grandfather; adjective: of or characteristic…
  • Three-door ‐ noun: a car with three doors: one to the driver's…