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fiat money

fi·at mon·ey
F f

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [fee-aht, -at muhn-ee]
    • /ˈfi ɑt, -æt ˈmʌn i/
    • /ˈfiː.æt ˈmʌni/
    • US Pronunciation
    • US IPA
    • [fee-aht, -at muhn-ee]
    • /ˈfi ɑt, -æt ˈmʌn i/

Definitions of fiat money words

  • noun fiat money paper currency made legal tender by a fiat of the government, but not based on or convertible into coin. 1
  • noun fiat money money declared by a government to be legal tender though it is not convertible into standard specie 0
  • noun fiat money currency made legal tender by fiat and neither backed by, nor necessarily convertible into, gold or silver 0

Information block about the term

Origin of fiat money

First appearance:

before 1870
One of the 26% newest English words
An Americanism dating back to 1870-75

Historical Comparancy

Parts of speech for Fiat money

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

fiat money popularity

A pretty common term. Usually people know it’s meaning, but prefer to use a more spread out synonym. About 36% of English native speakers know the meaning and use word.
According to our data about 67% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

fiat money usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for fiat money

noun fiat money

  • bill of exchange — (now chiefly in foreign transactions) a document, usually negotiable, containing an instruction to a third party to pay a stated sum of money at a designated future date or on demand
  • cash — Cash is money in the form of notes and coins rather than cheques.
  • negotiable instrument — order or promise to pay money
  • note — a brief record of something written down to assist the memory or for future reference.

See also

Matching words

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