0%

ALL meanings of fiat money

fi·at mon·ey
F f
  • 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
Was this page helpful?
Yes No
Thank you for your feedback! Tell your friends about this page
Tell us why?