Meaning Of The Word Fiat money
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 |
|---|
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
- Excess capacity ‐ noun: unused…
- Information gathering ‐ noun: the process of collecting information about…
- Alcandre ‐ noun: the wife of Polybus who received Helen and…
- Just on ‐ having reached exactly; Just on is used in mentioning…
- Bifacially ‐ adverb: from a bifacial…
- Sun protection factor ‐ a number indicating the relative effectiveness…
- Finsteraarhorn ‐ mountain in SC Switzerland: highest peak in the…
- Rankine-cycle engine ‐ a type of steam engine involving a continuous…
- Hapai ‐ adjective: pregnant; transitive verb: to carry…
- Yogurt-maker ‐ noun: a machine for…