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 |
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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 |
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