fiat money
Jump to navigation
Jump to search
English[edit]
Noun[edit]
fiat money (countable and uncountable, plural fiat moneys or fiat monies)
- (economics) Money that is not backed by any commodity, but has value because people agree on its value, and often is established as legal tender by government fiat.
Synonyms[edit]
Translations[edit]
money that is given a legal value
|